$GFT /USDT technical Analysis

**Current Price**: 0.02001 USDT

**Resistance Levels**:

- Immediate Resistance: 0.02139 USDT

- Strong Resistance: 0.02300 USDT

**Support Levels**:

- Immediate Support: 0.01844 USDT

- Strong Support: 0.01770 USDT

Indicators Overview:

**Bollinger Bands**:

- **Upper Band**: 0.02075 USDT

- **Middle Band**: 0.01986 USDT

- **Lower Band**: 0.01896 USDT

- The price is near the Middle Bollinger Band, signaling potential consolidation. A break above the Upper Band could signal a bullish breakout. A drop below the Lower Band might indicate bearish continuation.

**MACD**:

- **DIF**: -0.00003

- **DEA**: -0.00007

- **MACD Histogram**: 0.00004

- MACD line is slightly above the signal line, showing weak bullish momentum. Both lines are close, suggesting market indecision.

**RSI**:

- **RSI(20)**: 51.33

- **RSI(40)**: 50.91

- **RSI(60)**: 50.75

- RSI values are around 50, indicating a neutral market with no clear overbought or oversold conditions.

**Volume**:

- Volume is relatively low compared to previous trading sessions, indicating weak momentum. A spike in volume could signal a breakout.

### Trade Setup:

**Long Trade**:

- **Entry Point**: Consider entering if the price breaks above 0.02139 USDT with strong volume.

- **Target Points**:

- First Target: 0.02300 USDT

- Second Target: 0.02323 USDT

- **Stop Loss**: Set at 0.01844 USDT.

**Short Trade**:

- **Entry Point**: Consider entering if the price falls below 0.01844 USDT.

- **Target Points**:

- First Target: 0.01770 USDT

- Second Target: 0.01750 USDT

- **Stop Loss**: Set at 0.02139 USDT.

Summary:

- The GFT/USDT pair is currently in a consolidation phase. A breakout above 0.02139 USDT or a breakdown below 0.01844 USDT will provide a clearer direction. Monitor RSI and MACD for confirmation of trend development, and manage your

risk carefully, given the low trading volume.

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