G is losing steam! đš Will it recover or drop further?
It looks like $G had a nice little rally recently, but now the momentum is fading. After reaching a high of $0.03690, weâre seeing some clear selling pressure coming in, pushing the price down to $0.03629. The 7-day moving average is still above the 25-day, which is a good sign, but the drop in volume and this sudden correction suggests we might be in for more volatility ahead. đ
If the price doesn't hold around the $0.0360 support level, we could see it testing the $0.0350 region or lower. đ On the other hand, if buyers come back and volume picks up, thereâs potential for another attempt to push higher. But right now, the market is feeling cautious, and this pullback doesnât look like itâs done just yet.
Keep an eye on this one â if youâre already in, it might be time to tighten your stop losses! Otherwise, letâs wait for clearer direction. đ
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