$GNO /USDT: Key Rebound Zone – A Quick Move on the Horizon
$GNO /USDT is trading at $297.7, recovering from a recent dip to $295.4 and showing early signs of strength on the 15-minute chart. The RSI at 30.6 signals that the pair is in an oversold zone, creating potential for a short-term rebound. Traders can look for an entry around $296.0 - $298.0, with immediate targets set at TP1 $300.5 and TP2 $303.5. To manage risk effectively, a stop loss can be placed at $294.0.
The MACD is showing a possible crossover, suggesting a reduction in selling pressure. If buying volume increases, GNO could test resistance at $303.5, where further upward momentum may develop. Traders should monitor the price closely and execute with discipline for quick gains in this tight range.