US Dollar $GFT #GFT/USDT has produced a strong breakout following bullish divergence; higher highs should be anticipated if bulls are able to maintain control over the price movement.
GFT has increased 11.458% in the last day and is now trading at $0.02150, with a market capitalization of $22,410,556.50894.
Given that the price has recently crossed the 50-day MA of $0.0195596, which is close to the 200-day MA of $0.02158195, the trend suggests a possible turnaround from a bearish phase.
The asset appears to be neither overbought nor oversold, according to the RSI at 46.02, which points to a neutral market attitude.
A buy signal from the Supertrend indicator and a noteworthy ADX of 31.22, which indicates a stronger trend, are important signals for the #GFT. A consistent break above the 200-day MA would confirm the bullish sentiment đ.
0.02020 to 0.02150 is the point of entry .
The intended range is 0.02750 to 0.03250.
Price of stop loss is 0.01920.
Always adhere to your trading plan with regard to entrance, risk management, and trade management. Don't forget to place a stop loss.
Notice: Nothing in this text should be construed as investment advice. This essay is not intended to be an invitation to purchase or sell; rather, it is an objective description of the state of the market.
DYOR
