$GNS /USDT – Sharp Pullback Underway! 📉
Momentum Analysis:
GNS is showing strong bearish pressure with a 13.52% drop over the past 24h. Price broke below key support at 0.758, signaling potential continuation toward lower levels. The DeFi sector weakness adds to selling momentum.
Long Setup:
Entry Zone: 0.690 – 0.710
Targets:
T1: 0.729 (first minor resistance)
T2: 0.758 (key resistance)
T3: 0.793 (strong recovery level)
Stop Loss: 0.675 (below recent low)
Breakout Confirmation Level & Key Support:
Breakout Confirmation: 0.758 (reversal above this signals a potential rebound)
Key Support: 0.690 – watch closely for consolidation
Pro Tip for Traders:
This pullback may offer a low-risk entry if GNS stabilizes near 0.690–0.710. Avoid chasing during strong downtrends; wait for confirmation above 0.758 before committing large positions.
Trading Data Snapshot:
Price: 0.729 USDT | Rs204.03
24h High / Low: 0.852 / 0.698
24h Volume: 739,746.35 GNS | 559,152.26 USDT
Depth Levels: 0.861 – 0.853 – 0.827 | 0.793 – 0.758 – 0.729
Timeframes for Analysis: 15m | 1h | 4h | 1D
Hashtags:
#GNS #CryptoTrading #DeFi #AltcoinAlert #TradingStrategy