๐ $GNS /USDT โ Rocket Ignited! Can It Fly Higher?
๐ 1H Chart | ๐ฐ Price: $1.848 (+13.44%)
GNS just printed a monster candle, slicing through key MAs and momentum indicators like a knife through butter. Volume confirms the move โ this isnโt a random wick; itโs a legit bullish breakout attempt.
๐ Technical Setup:
โ MA7 ($1.67) > MA25 ($1.55) > MA99 ($1.60) = All MAs are now stacked bullish.
๐ฃ Broke past previous local highs with a strong impulse candle.
๐ Price came alive after a period of low volatility, signaling accumulation may be over.
๐ฏ Bullish Targets:
1๏ธโฃ Target 1: $2.05 โ psychological + structural resistance
2๏ธโฃ Target 2: $2.32 โ last peak from the parabolic spike
3๏ธโฃ Target 3: $2.80 โ full extension if momentum sustains
๐ก๏ธ Key Supports:
$1.74 โ breakout candle low
$1.60 โ 99 MA zone, strong support buffer
$1.45 โ structure base from recent consolidation
๐ง Outlook:
This is textbook ignition: breakout + volume + structure. But remember โ markets often retest breakouts. A pullback to the $1.74โ$1.60 zone would be healthy and could offer a high-R/R entry for latecomers.
If bulls hold control, $2+ range is within striking distance in the next 24โ48 hours. Donโt chase green candles blindly โ but donโt sleep on the setup either.
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Markets can be volatile โ always trade responsibly!