$GEOD #GEOD 🚀
Direction: LONG
Entry zone: 0.246076 to 0.247062
Stop loss: 0.242870
Target 1: 0.251500
Target 2: 0.255199
Geodnet is trading near 0.246569 dollars, up 8.31 percent in 24 hours, inside a range of 0.225500 to 0.290595 dollars, and the recent closes show a pullback from the high that buyers are still defending, 0.260981, then 0.252186, then 0.246830, then 0.248324, then 0.246569. 🟢 My reading is that GEOD is strong but cooling, because it is still up more than 8 percent on 26.7 million dollars of volume while most coins are red, yet it gave back part of the push toward 0.290595, so the long only works if the 0.246 level holds. A long from the current zone, with a stop below 0.242870, targets 0.251500 first and then 0.255199 if buyers push back toward the high. A drop below 0.242870 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Geodnet push to 0.251500 first, or fall below 0.242870? 🤔
Follow for more trades.
#Geodnet #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 0.246076 to 0.247062
Stop loss: 0.242870
Target 1: 0.251500
Target 2: 0.255199
Geodnet is trading near 0.246569 dollars, up 8.31 percent in 24 hours, inside a range of 0.225500 to 0.290595 dollars, and the recent closes show a pullback from the high that buyers are still defending, 0.260981, then 0.252186, then 0.246830, then 0.248324, then 0.246569. 🟢 My reading is that GEOD is strong but cooling, because it is still up more than 8 percent on 26.7 million dollars of volume while most coins are red, yet it gave back part of the push toward 0.290595, so the long only works if the 0.246 level holds. A long from the current zone, with a stop below 0.242870, targets 0.251500 first and then 0.255199 if buyers push back toward the high. A drop below 0.242870 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Geodnet push to 0.251500 first, or fall below 0.242870? 🤔
Follow for more trades.
#Geodnet #Crypto #FuturesTrading #TradingSignals
