Analysis: GT at $21.38 is consolidating above the 200-day SMA ($14.31), signaling long-term strength (Web ID: 11). The weekly StochRSI shows a golden cross in the oversold zone, a bullish signal targeting $25, near its all-time high of $25.94 (Web ID: 19). The price is holding above the $19.95 support level (Web ID: 17), and increasing transaction volume on GateChain could drive demand for GT (Web ID: 11). A close above $22.67 (pivot resistance) could propel GT toward $25.
Trade Setup:
Entry: $21.40–$21.60
Target: $25.00 (17% upside)
Stop Loss: $19.95 (below pivot support)
Risk-Reward Ratio: 1:3
Confidence: Moderate (65%)
Note: Watch for Gate.io ecosystem news to boost sentiment.
Trade Setup:
Entry: $21.40–$21.60
Target: $25.00 (17% upside)
Stop Loss: $19.95 (below pivot support)
Risk-Reward Ratio: 1:3
Confidence: Moderate (65%)
Note: Watch for Gate.io ecosystem news to boost sentiment.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.