After steadily declining from 0.30720 to 0.15911, the market has finally staged a high-volume rebound. The $GTC perpetual contract is up 16.67% over 24 hours, with a current price of 0.18980 (mark price: 0.18996) and 24-hour trading volume of 24.67 million USDT. The current 4-hour candle has 1 hour and 14 minutes left before closing, and its trading volume has already reached 6.42 million USDT, indicating clear buying activity from dip buyers.
The 4-hour price has broken above VWAP(14) at 0.17476, the average price line AVL at 0.18270, and EMA(20) at 0.18331. MACD has just formed a golden cross below the zero line (DIF -0.00892 crossing above DEA -0.01127), while RSI(6) has climbed to 65.59.
If the 4-hour candle closes above 0.18270, the price may continue to test the 24-hour high of 0.19240 and the strong resistance at EMA(50), 0.20038. If it falls back below 0.18270, it may need to retest support at 0.17476.
$GTC #加密市场反弹
The 4-hour price has broken above VWAP(14) at 0.17476, the average price line AVL at 0.18270, and EMA(20) at 0.18331. MACD has just formed a golden cross below the zero line (DIF -0.00892 crossing above DEA -0.01127), while RSI(6) has climbed to 65.59.
If the 4-hour candle closes above 0.18270, the price may continue to test the 24-hour high of 0.19240 and the strong resistance at EMA(50), 0.20038. If it falls back below 0.18270, it may need to retest support at 0.17476.
$GTC #加密市场反弹
