Technical Analysis: $GAS
/USDT
As we analyze the GAS/USDT pair, the current price is at $4.601, reflecting a solid upward momentum of 8.21%. Below, we outline three potential target levels for traders to watch:
Target Levels:
1. Target 1: $4.740
This level represents a key resistance point where previous price action has encountered selling pressure. A breakout above this level could signal continued bullish momentum.
2. Target 2: $4.900
Reaching this psychological level may attract more buyers, as it aligns with Fibonacci retracement levels. Traders should watch for volume increases around this price to confirm a sustained move.
3. Target 3: $5.050
This is a more aggressive target that would require strong buying momentum. If GAS can consistently trade above $4.740 and push through, this target becomes feasible in the short to medium term.
Current Market Indicators:
24h High: $4.697
24h Low: $4.182
MA(7): $4.411
MA(25): $4.171
MA(99): $3.970
As the market evolves, traders should remain vigilant and consider adjusting their strategies according to price action and volume trends.
Stay tuned for more insights and updates!
Feel free to modify any part to better fit your style or specific audience!