$GFT is starting to weaken again.
Currently, the price is at 0.00196, dropping over 14% in the last 15 minutes and around 14% in the past 24 hours, clearly indicating that the shorts are dominating the short term.
From a structural standpoint, the 24-hour trend remains bearish, and it's likely we will continue to see some choppy action moving downward.
However, the critical level to watch is 0.0019; if we break below that, we may see further declines. But if we can hold above it, there’s still some room for a bounce in the short term.
On the upside, keep an eye on 0.00316; we need to reclaim that level for the overall sentiment to truly ease.
#GFT #BTC