🚀 $GNO Rockets +17% in 1H – Major Whale Entry or Short Squeeze? 🐳
Gnosis ($GNO ) just printed a monster green candle — exploding from $110.9 to a high of $130, now trading around $122.2 (+7.76%). The vertical price action suggests a high-volume move, possibly driven by whales or news.
📊 Trading Insights:
1H Explosion: That single candle is no joke — GNO surged over 17% in under an hour, confirming a high momentum breakout.
Volume Watch: Over $673K in USDT volume and 5662 GNO moved — likely not just retail buying.
Previous Base: Price hovered around $111–114 before liftoff, suggesting a consolidation breakout.
📉 Macro Still Bleeding:
Despite today’s surge, $GNO remains down -58.63% in 180 days and -61.31% in 1 year.
Bounce or trend reversal? Need confirmation above $130+ with follow-through.
📌 Key Levels:
Support: $117.9 / $113.0
Resistance: $126.5 / $130.0
🧠 Investor Angle:
Short-term traders might find juicy opportunities in this volatility — but entry after this big green candle carries risk of a pullback. Wait for consolidation or a retest. Long-term holders may see this as early signs of accumulation.
⚠️ Disclaimer: Not financial advice. Always DYOR and manage your risk. Volatile spikes often come with traps.