๐งจ $G โ The Parabolic Move Is Cooling Off
$G is still up 59.01%, but after tagging $0.010192, price has pulled back to around $0.00739.
The 15M chart now shows a clear lower-high sequence, while RSI(6) has dropped to 23.8 โ short-term momentum is oversold.
๐ Bounce levels
๐ข Entry watch: $0.0070โ0.0074
๐ฏ TP1: $0.0079
๐ฏ TP2: $0.0085
๐ฏ TP3: $0.0092
๐ Reclaim target: $0.0102
๐ Invalidation: below $0.0067
๐ฅ The setup: $0.0070โ0.0074 is the key reaction zone. A strong bounce and reclaim of $0.0079 could signal that buyers are returning.
If $0.0067 breaks, the current bounce thesis weakens and a deeper retracement becomes possible.
๐ Oversold bounce from $0.007, or one more flush before recovery?
โ ๏ธ Extremely volatile after a +100%+ move. Wait for confirmation and manage risk.
$G
#G
$G is still up 59.01%, but after tagging $0.010192, price has pulled back to around $0.00739.
The 15M chart now shows a clear lower-high sequence, while RSI(6) has dropped to 23.8 โ short-term momentum is oversold.
๐ Bounce levels
๐ข Entry watch: $0.0070โ0.0074
๐ฏ TP1: $0.0079
๐ฏ TP2: $0.0085
๐ฏ TP3: $0.0092
๐ Reclaim target: $0.0102
๐ Invalidation: below $0.0067
๐ฅ The setup: $0.0070โ0.0074 is the key reaction zone. A strong bounce and reclaim of $0.0079 could signal that buyers are returning.
If $0.0067 breaks, the current bounce thesis weakens and a deeper retracement becomes possible.
๐ Oversold bounce from $0.007, or one more flush before recovery?
โ ๏ธ Extremely volatile after a +100%+ move. Wait for confirmation and manage risk.
$G
#G