🔷 G/USDT - Gravity to USDT
🟩 Long / Short?
• Short: The market sentiment for G/USDT is leaning towards a short position based on current resistance testing and lack of bullish momentum on higher timeframes.
♻️ Leverage?
• Recommended Leverage: 5x to 8x. The volatility of G/USDT suggests this leverage is optimal for managing risk while catching short-term price moves.
👉 Entry?
• Ideal Entry: $0.02768, where resistance is holding and there’s a strong probability of price retracement.
Target 🎯
• Target 1: $0.02750 (first support level after rejection)
• Target 2: $0.02735 (next solid support)
• Target 3: $0.02700 (psychological support level and extended retracement zone)
💥 Stop-Loss (SL)? ⛔
• Stop-Loss: $0.02790. Placing it just above the current resistance will protect against any false breakouts.
Market Analysis:
• Current Price: $0.02768
• 24h Change: -1.53%
• 24h High: $0.02989, 24h Low: $0.02729
• Volume: 101,262,839 G, indicating healthy market activity.