$GAS /USDT Analysis – Bullish Attempt Into Resistance Zone🤔🔐👇
TF: 1H & 1D
CMP: $3.468
Market Structure Insight:📊
$GAS has recently broken above short-term consolidation, confirming a BOS (Break of Structure) on the 1H timeframe. The price surged toward a key supply zone between $3.60–$3.80, but faced early resistance near $3.47.
1H Highlights:📊
Strong bullish engulfing followed by sideways absorption.
Price reclaiming all EMAs, with the 20 EMA crossing above the 50 EMA – momentum building.
RSI climbing toward overbought (62), suggesting strength but also potential for short-term pullback.
1D Timeframe Outlook:📊
Price successfully bounced from the 3.20 support zone, pushing above the 200 EMA.
Attempting to reclaim the trend, but supply remains dense up to $3.84.
RSI nearing resistance, sitting around 62 on 1D, still has room before becoming overheated.
Strategy (One-sided Bullish Bias):🔥
Entry Zone: $3.39–$3.44 (on retest)✅
Short-Term Target: $3.68🎯
Mid-Term Target: $3.83🎯
Invalidation: Daily close below $3.32☣️
Pro Tips:👨🏫
Watch for bullish continuation on volume confirmation above $3.50.
If $GAS price consolidates above $3.60, expect rapid movement toward $3.80+.
Invalidation must be respected due to dense sell wall overhead.
👨❤️👨"Patience in the consolidation is where profits are born. Impulse entry is the enemy of precision."
Disclaimer: ⚠️
This is not financial advice. Always do your own research and manage risk appropriately.