🚨 $GFT /USDT: Volatile Drop After a Parabolic Surge! 🚨
GFT has plunged to $0.01091, marking a 70.47% increase in 24 hours after hitting a high of $0.03476. This sharp retracement signals extreme market volatility, requiring traders to exercise caution.
Critical Levels to Watch:
Resistance: $0.01250 and $0.01500 – These levels could act as a barrier for any recovery attempts.
Support: $0.00950 and $0.00639 – Breaching below this zone might trigger further sell-offs.
Market Insight: The price is hovering around its short-term MA(7), but the steep decline indicates weak momentum. Watch for stabilization or further downside as volume remains elevated. Tight stop losses are recommended.
