$GNO /USDT: Long Signal - Spot and Futures
$GNO /USDT is trading at $293.1 after a pullback from the recent highs of $307.5, finding temporary support. This dip offers a potential buy opportunity for both spot and futures traders.
Spot Trading Signal
• Entry Zone: $290 - $293
• Targets:
• $300
• $307
• $312
• Stop Loss: $285
Futures Trading Signal
• Entry Zone: $290 - $293
• Targets:
• $300
• $307
• $312
• Stop Loss: $285
• Leverage: 5x (Moderate Risk)
Market Analysis
• Support: $290 – Strong area where buyers could regain control.
• Resistance: $300 - $307 – Watch these zones for profit booking or breakouts.
• Trend: Despite short-term weakness, the uptrend remains intact.
Insights
• RSI is approaching neutral, indicating room for further upside.
• Volume is stable; watch for increasing buy volume as the price reclaims key levels.
• Risk Management: Maintain strict SL at $285 to protect capital.
GNO/USDT looks ready for a rebound as it consolidates near support. Monitor the $290 zone for confirmation.#VANAOpening