GNC/USDT Technical Analysis: Is a Reversal Coming After -44% Dro

9
GNC, newly listed on Gate.io, has seen extreme volatility, currently trading at $0.00041883 (-44.55%). Key levels to watch:

Support: $0.00025778 (24H low)

Resistance:

0.00085169(mid),0.00135670 (strong)

Technical Indicators:

MACD (12,26,9): Shows slight bullish divergence (MACD: 0.00000958).

Moving Averages: MA5 (
0.00040670)aboveMA10(0.00036862) suggests short-term bullish momentum.

Volume: 382.38B GNC traded in 24H ($1.77M USDT), indicating strong interest.

Outlook:
If GNC holds above
0.00040
0.00040,aretestof0.00085169 is possible. However, failure to break resistance could lead to further downside. Trade with caution—high risk, high reward.

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