Technical Analysis: $GAS 🤑💰🔥💯

/USDT – A Strong Surge in Momentum

Current Price: $6.275 (+33.11%)

24h High: $6.922 | 24h Low: $4.704

24h Volume: 18.44M GAS ($106.44M USDT)

Key Insights:

GAS has seen a massive 33.11% gain in the past 24 hours, indicating strong bullish momentum.

The price is currently trading near its resistance zone at $6.800. A breakout above this level could push GAS toward $7.00.

On the downside, the $6.200 level is acting as strong support, while the next major support lies near $5.800.

Indicators:

RSI is entering the overbought region, signaling strong buying pressure but caution for potential corrections.

Moving Averages: The 15-minute chart shows GAS trending above its 50-MA and 200-MA, confirming short-term bullish momentum.

Strategy:

Traders might look for a breakout above $6.800 for potential long positions targeting $7.200.

For cautious traders, waiting for a pullback near the $6.200 support zone could offer a better entry point.

Stay tuned for real-time updates and trade wisely on Binance!