Backed by bullish momentum and growing interest, #GOAT has soared to $1.25 USD š. Analysts suggest the price could climb to $1.2ā$1.3 USD š°, but caution remains as low trading volumes may signal a potential reversal near critical resistance levels š¤.
The tokenās market cap has now reached an impressive $12.6 billion š, with a 35.3% gain over the past week, solidifying its position as a leader in the AI meme coin sector š„. Breaking past the $1 mark on November 15 was a significant milestone, maintaining a bullish trend on the 4-hour chart š.
Despite strong RSI levels (remaining above 50 š, trading volumes since November 11 have been below average, suggesting waning buyer activity š. Liquidation data highlights a critical zone between $1.16 and $1.2 USD, potentially propelling the price higher to capture liquidity šµ.
However, traders should tread carefully ā ļø. A sharp pullback from $1.2ā$1.3 USD could lead to a correction back to $1 š. As GOAT approaches these pivotal levels, monitoring price movements closely is essential š. While optimism remains high, low volumes and reversal risks call for balanced caution and confidence š¤·āāļø.