🧪 $GNS /USDT – Squeeze Mode! Compression Before Expansion 🔍📈
$GNS is trading flat around $2.041 after a prolonged downtrend. The price action has tightened significantly, hinting at a possible volatility breakout soon. Patience here could pay off.
📊 Market Snapshot
Current Price: $2.041 (+0.84%)
15M Structure: Sideways chop after sharp decline
Volume: Declining – compression phase underway
📈 Technical Overview
Support: $2.000 – round number support zone
Resistance: $2.100 – minor swing high & breakout trigger
Trend: Bearish to Neutral – forming base for potential bounce
Volatility: Low – Bollinger Bands likely tightening (not shown)
🎯 Trade Setup – Breakout Watch
Entry Zone: $2.030 – $2.060 (wait for direction confirmation)
TP1: $2.100
TP2: $2.180
SL: Below $1.980
💡 Pro Tip: Wait for a strong 15m candle close above $2.060 with volume to confirm breakout. If it fails to break, avoid chasing – price may stay flat or drop again.