🔥
#GUSDT 1H: Bullish Reversal Confirmed — Can Smart Money Push Beyond Resistance?
Timeframe Analyzed: 1H (based only on the uploaded Binance chart)
Disclaimer: I cannot verify live G market prices or current G-specific news from the screenshot alone. The analysis below is based strictly on the visible 1H chart and should be confirmed with live market data before making any trading decision.
📊 Market Bias: Cautiously Bullish
After establishing a swing low around 0.00318,
$G has staged a strong recovery and reclaimed all three moving averages (MA7, MA25, and MA99). Price is now printing higher highs and higher lows, signaling a short-term bullish structure. However, the previous rejection from 0.00399 remains the major supply zone.
🎯 Trade Setup
Preferred Strategy: LONG on Retest or Confirmed Breakout
Entry Zone
Primary: Retest of 0.00348–0.00354 (breakout support and MA cluster).
Secondary: Confirmed hourly close above 0.00367 with sustained buying pressure.
Stop Loss
Below the latest higher low and bullish demand zone.
Targets
TP1: 0.00367 (recent local high)
TP2: 0.00380–0.00385 (next resistance area)
TP3: Retest of 0.00399 (major swing high)
Risk : Reward
Minimum: 1:2
Preferred: 1:3+
Trade Invalidation
Hourly close below 0.00348 and sustained trading below the MA(25) would invalidate the bullish continuation scenario.
#GUSDT #GUSDTAnalysis #gcoin #GToken