$G Gravity: Pump Cooling Off, Price Testing the MA25 📊
G is trading at 0.00395, up about 18% in the last 24 hours, with a high of 0.00441 and a low of 0.00332. On the 15m chart, price rallied from around 0.00366 and peaked near 0.00440 on heavy volume. It then dropped to about 0.00382 and bounced back to 0.00400, where it was rejected. The latest candle is red (-1.5%).
What the chart shows
Price is stuck between the MA7 (0.00393) and MA25 (0.00400), which is sideways consolidation. The MA99 (0.00365) sits below as a stronger floor.
Volume peaked during the pump and has faded since, so buyers are less active than they were at the top.
The 0.00382 low held on the pullback, which is a good sign for bulls. A close above 0.00402 would turn the short-term momentum back up.
Higher timeframes are mixed: +6% over 7 days, but -17% over 30 days and -41% over 1 year. The bigger trend is still weak, so treat this as a short-term trade.
Trade plan: Buy the dip at 0.00382–0.00390 or a close above 0.00402, targeting 0.00423 then 0.00440, with a stop loss below 0.00360.
#Gravity #G #Binance #CryptoTrading #TechnicalAnalysis
G is trading at 0.00395, up about 18% in the last 24 hours, with a high of 0.00441 and a low of 0.00332. On the 15m chart, price rallied from around 0.00366 and peaked near 0.00440 on heavy volume. It then dropped to about 0.00382 and bounced back to 0.00400, where it was rejected. The latest candle is red (-1.5%).
What the chart shows
Price is stuck between the MA7 (0.00393) and MA25 (0.00400), which is sideways consolidation. The MA99 (0.00365) sits below as a stronger floor.
Volume peaked during the pump and has faded since, so buyers are less active than they were at the top.
The 0.00382 low held on the pullback, which is a good sign for bulls. A close above 0.00402 would turn the short-term momentum back up.
Higher timeframes are mixed: +6% over 7 days, but -17% over 30 days and -41% over 1 year. The bigger trend is still weak, so treat this as a short-term trade.
Trade plan: Buy the dip at 0.00382–0.00390 or a close above 0.00402, targeting 0.00423 then 0.00440, with a stop loss below 0.00360.
#Gravity #G #Binance #CryptoTrading #TechnicalAnalysis