$G $G

The $G /USDT pair is currently consolidating within a well-defined range. The recent price action suggests potential for a breakout, either to the upside or downside.

Key Levels

Resistance: The immediate resistance level is at £0.03266.

Support: The strong support level is located at £0.02853.

Trading Strategy

Breakout to the Upside:

If the price breaks above the resistance level of £0.03266 with strong volume, it could signal a bullish trend.

A potential entry point would be a retest of the broken resistance level as support.

The initial target could be the previous high at £0.03330.

Stop-loss can be placed below the recent swing low.

Breakout to the Downside:

If the price breaks below the support level of £0.02853 with strong volume, it could signal a bearish trend.

A potential entry point would be a retest of the broken support level as resistance.

The initial target could be the next significant support level.

Stop-loss can be placed above the recent swing high.

Additional Considerations:

Volume: Increased volume during a breakout can confirm the strength of the move.

Moving Averages: The 5-day and 10-day moving averages are currently below the price, indicating a potential bullish bias.#BinanceBlockchainWeek #USJobOpeningsDip #USADPSurges #BTCBreak71K #Write2Earn!