🚀 $GAS /USD: TESTING KEY LEVELS – POTENTIAL FOR A BREAKOUT OR PULLBACK! ⚡
The $GAS /USD pair is currently trading at $5.545, consolidating near critical support and resistance zones. Traders should keep an eye on these levels for a possible breakout or retracement.
📊 Trade Scenarios:
Entry Point: $5.545
Take Profit (TP) 1: $5.650
Take Profit (TP) 2: $5.800
Take Profit (TP 3): $6.000
Stop Loss (SL): $5.400
Support is at $5.400, while resistance lies at $5.650. A breakout above $5.650 could open the door for further gains, targeting $5.800 and $6.000. However, a drop below $5.400 could indicate bearish retracement potential.
📉 Market Outlook:
GAS is testing the resistance at $5.650. If the price breaks above this level, a bullish trend could develop. On the other hand, failure to maintain support at $5.400 could lead to a bearish pullback.
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