💡 Quick technical analysis:
✅ GNS ignites the market! It surged from $1.543 to a daily peak of $2.343 with a rise exceeding +50%, before calming down a bit at $1.896 – as if the market says: "Let me breathe a little!"
✅ RSI at 29.28 – Yes, we have entered the oversold territory! This means that the recent drop may be exaggerated, and there’s a chance for a strong rebound if buyers step in.
✅ MACD shows signs of weakness in negative momentum – the indicator is still negative, but it has started to slow down, which may indicate a near positive trend reversal.
$GNS
📈 Expected scenario:
If the price maintains the current support level near $1.89, we could see a quick rebound towards $2.03, followed by a retest of the peak again at $2.34.
However, if the support is broken and the price falls below $1.83, we may see a retest of the $1.70–$1.65 areas before any new rise.
$GNS
⚠️ Advice (from the heart of the market ❤️):
Are you in profit? It’s okay to take some of it, the market doesn’t like greed.
Thinking about entering? Wait for a confirming bullish candle – the RSI is giving a potential buy signal, but the market needs confirmation.
$GNS
🎤 The question now: Is GNS gearing up for a second launch? Or was the big rise just a temporary flash?
Share your opinion and don’t leave the decision to the whales alone! 🐋📊