Technical Analysis $G /USDT (1D Timeframe):
Main Trend: Long-term bearish, with the Moving Average (MA) lines continuing to slope downward.
Price Action: A brief volume/price spike was capped at a strong resistance area, then price consolidated again around $0.003863.
Support/Resistance Zones: The nearest support is at $0.0025–$0.0030, while strong resistance lies in the $0.0050–$0.0200 range.
Trading Signals:
Recommendation: Wait and See or Sell on Strength (Short).
Entry (Short): $0.0040–$0.0042 if a weak bounce toward the resistance area occurs.
Stop Loss: Above $0.0052.
Take Profit: $0.0030 and $0.0026.
Main Trend: Long-term bearish, with the Moving Average (MA) lines continuing to slope downward.
Price Action: A brief volume/price spike was capped at a strong resistance area, then price consolidated again around $0.003863.
Support/Resistance Zones: The nearest support is at $0.0025–$0.0030, while strong resistance lies in the $0.0050–$0.0200 range.
Trading Signals:
Recommendation: Wait and See or Sell on Strength (Short).
Entry (Short): $0.0040–$0.0042 if a weak bounce toward the resistance area occurs.
Stop Loss: Above $0.0052.
Take Profit: $0.0030 and $0.0026.
