$GTC Buyers are back, but the next resistance will decide whether this move continues.
Direction: LONG ๐ข
Entry: $0.2960โ$0.3000 after a confirmed hold
SL: $0.2890
TP1: $0.3055
TP2: $0.3165
TP3: $0.3250
Timeframe: 15-minute
Gitcoin has bounced strongly from $0.25159 and reached $0.31652 before pulling back. Buyers have pushed price back toward $0.302, and the MA(7) at $0.29738 is above the MA(25) at $0.29469, showing short-term strength. However, the earlier rejection near $0.3165 means buyers still have work to do.
I would watch whether price holds the $0.2960โ$0.3000 zone. If buyers defend it and volume improves, another attempt at $0.3055 and the previous high becomes possible. A clean break above $0.31652 would strengthen the bullish case. If price falls below $0.2890, this setup is invalidated.
I prefer a confirmed retest over chasing a fast green candle. These levels are based on the supplied chart, not guaranteed outcomes.
Would you buy this pullback or wait for a breakout above $0.31652?
$MAGMA
$BMT
Direction: LONG ๐ข
Entry: $0.2960โ$0.3000 after a confirmed hold
SL: $0.2890
TP1: $0.3055
TP2: $0.3165
TP3: $0.3250
Timeframe: 15-minute
Gitcoin has bounced strongly from $0.25159 and reached $0.31652 before pulling back. Buyers have pushed price back toward $0.302, and the MA(7) at $0.29738 is above the MA(25) at $0.29469, showing short-term strength. However, the earlier rejection near $0.3165 means buyers still have work to do.
I would watch whether price holds the $0.2960โ$0.3000 zone. If buyers defend it and volume improves, another attempt at $0.3055 and the previous high becomes possible. A clean break above $0.31652 would strengthen the bullish case. If price falls below $0.2890, this setup is invalidated.
I prefer a confirmed retest over chasing a fast green candle. These levels are based on the supplied chart, not guaranteed outcomes.
Would you buy this pullback or wait for a breakout above $0.31652?
$MAGMA
$BMT
