💰 Current Price: $17.07, 24-hour drop 2.05%, 7-day decline 12.08% 📈 Market Cap: $2.099 billion, 24h Trading Volume $7.88 million
🔍 Technical Analysis: The 1-hour chart shows the price operating below the $17.18 super trend line, continuing the bearish signal. The daily chart super trend provides long-term support near $16.18. The RSI indicator shows 51.87, which is in the neutral to weak zone. The middle band of the Bollinger Bands is at $16.95, and the price is running on the upper band.
📉 Key resistance level: $17.30-$17.45 range 🛡️ Support level: $16.31 low, $16.18 long-term support
⚡ Trading Suggestions: In the short term, GT is facing adjustment pressure. It is recommended to wait for a drop below $16.31 before considering bottom-fishing opportunities, targeting the range of $17.50-$18.00. Risk control should be set below $16.00.
🎯 Currently in a downward trend with fluctuations, attention should be paid to changes in trading volume to confirm rebound signals. #GT #mlp
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📊 Current market analysis of GT Token
💰 Current Price: $17.07, 24-hour drop 2.05%, 7-day decline 12.08%
📈 Market Cap: $2.099 billion, 24h Trading Volume $7.88 million
🔍 Technical Analysis:
The 1-hour chart shows the price operating below the $17.18 super trend line, continuing the bearish signal.
The daily chart super trend provides long-term support near $16.18.
The RSI indicator shows 51.87, which is in the neutral to weak zone.
The middle band of the Bollinger Bands is at $16.95, and the price is running on the upper band.
📉 Key resistance level: $17.30-$17.45 range
🛡️ Support level: $16.31 low, $16.18 long-term support
⚡ Trading Suggestions:
In the short term, GT is facing adjustment pressure. It is recommended to wait for a drop below $16.31 before considering bottom-fishing opportunities, targeting the range of $17.50-$18.00. Risk control should be set below $16.00.
🎯 Currently in a downward trend with fluctuations, attention should be paid to changes in trading volume to confirm rebound signals.
#GT #mlp