#GASUSDT 1D idea.

The current price for $GAS is at $12.595, with a daily trading range between $6.34 and $13.10.

The trading volume over the last 24 hours is 14,142,750, indicating a moderate level of trading activity.

ATR stands at 1.3195, suggesting very high price volatility.

TECHNICALS:

• OBV shows positive accumulation, with the most recent OBV at 79.1 million. This indicates buying pressure.

• RSI is at 87.35, which is in overbought territory and suggests a strong bullish sentiment.

• MFI is at 82.52, reflecting strong buying pressure and market enthusiasm.

• CCI is at 138.95, indicating a strong bullish sentiment.

• The WR% is at -13.57, showing that the market is in overbought conditions.

• ADX is at 64.33, indicating a very strong trend in the market.

MOMENTUM:

• Price is above the SMA, which is a bullish signal.

• ADI +DI is greater than the -DI, confirming a strong bullish sentiment.

• MACD is in a bullish configuration, indicating strong upward momentum.

• PSAR is in a bullish configuration, signaling a bullish trend.

SUPPORT AND RESISTANCE LEVELS:

Key support levels to watch are at $2.282, $2.624, $2.741, $3.565, $4.945, $5.130, $6.269, $6.800, and $8.237. The nearest resistance level is at $12.587.

OVERALL CHART FRAME BIAS:

GASUSDT has without a doubt exhibited an extremely bullish sentiment. All technical and momentum indicators point to strong buying pressure and suggest a robust trend. One thing to be vigilant here is its overbought status. As with any pump coin, massive pumps also tend to dump 2-3 days after, but the real question is “When?”

I’ve also taken note of the 262% extended Fib level, since this is a ranging market and has overcome its FRVP VAH. Will it touch $15? Don’t sleep on this.