๐ฅ $G
A critical decision point after months of selling pressure!
After a long period of a downward trend, $G has started showing signs of easing this pressure, with the formation of a strong accumulation base in the $0.0025 โ $0.0035 range.
The price has recovered and is now in the $0.0046 โ $0.0048 zone, which is the most important area to watch right now. ๐
๐ Bullish scenario:
A clear breakout and holding above $0.0048 could open the way toward $0.0075 as the next upside target.
๐ Bearish scenario:
If the price fails to break through the zone and clear rejection appears, we may see a pullback toward $0.0030.
The long-term bearish trend is starting to lose momentum, but confirming the breakout is key before considering the move as a larger bullish reversal.
A critical decision point after months of selling pressure!
After a long period of a downward trend, $G has started showing signs of easing this pressure, with the formation of a strong accumulation base in the $0.0025 โ $0.0035 range.
The price has recovered and is now in the $0.0046 โ $0.0048 zone, which is the most important area to watch right now. ๐
๐ Bullish scenario:
A clear breakout and holding above $0.0048 could open the way toward $0.0075 as the next upside target.
๐ Bearish scenario:
If the price fails to break through the zone and clear rejection appears, we may see a pullback toward $0.0030.
The long-term bearish trend is starting to lose momentum, but confirming the breakout is key before considering the move as a larger bullish reversal.