Gains Network just did what I was watching for — and then some.
$GNS is at $0.411, up 12.3% in 24 hours, after falling 24.8% yesterday. It already took back $0.40, spiked all the way to $0.465, and is now holding above $0.40. The low at $0.36 never broke.
Levels I am watching:
• Support: $0.38 (where the last few hours found buyers)
• Resistance: $0.465 (today's spike high)
• Trigger: a push back toward $0.44
• Invalidation: losing $0.38
Holding above $0.40 after that spike says the bounce has more than one hour in it. Losing $0.38 says it does not.
Not financial advice. What do you think — real recovery, or one more fade?
#GNS #Crypto #Binance
$GNS is at $0.411, up 12.3% in 24 hours, after falling 24.8% yesterday. It already took back $0.40, spiked all the way to $0.465, and is now holding above $0.40. The low at $0.36 never broke.
Levels I am watching:
• Support: $0.38 (where the last few hours found buyers)
• Resistance: $0.465 (today's spike high)
• Trigger: a push back toward $0.44
• Invalidation: losing $0.38
Holding above $0.40 after that spike says the bounce has more than one hour in it. Losing $0.38 says it does not.
Not financial advice. What do you think — real recovery, or one more fade?
#GNS #Crypto #Binance