š· $GAS
/USDT Perpetual Futures Overview
Last Price: $2.976
24h Change: +3.84%
Status: š¼ Bullish recovery underway, but testing resistance zones
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š Market Summary
Metric Value
24h High $3.107
24h Low $2.851
Mark Price $2.973
24h Volume (GAS) 5.51M
24h Volume (USDT) $16.36M
Current Volume 212,865
MA(5) 819,160
MA(10) 501,904
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š Key Price Levels
Level Type Price Commentary
Resistance $3.107 Strong intraday resistance (24h high)
$3.059 Order book pressure zone
$2.998 Psychological level and previous breakdown
Current $2.976 Testing upper channel
Support $2.936 Shallow support with volume buildup
$2.875 Mid-support zone
$2.827 Stronger demand seen here
$2.813 Last-line local support zone
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š Technical Outlook
Indicator Signal
Trend Reversal pattern forming (bullish bias)
Momentum Increasing ā Price trending with volume
MA Crossover MA(5) > MA(10) ā Bullish short-term
Volume Flow Improving, supporting bullish breakout
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š Potential Scenarios
š¢ Breakout Play
Entry: $2.98ā$3.00
Target: $3.10 ā $3.18
Stop: $2.93
Rationale: Sustained break above $2.998 could open room to test the $3.10 resistance, with good volume backing it.
š“ Fade Rejection Play
Entry: $3.05ā$3.10
Target: $2.88 ā $2.81
Stop: $3.13
Rationale: If $3.10 rejects again, sellers may regain control, especially if BTC weakens.
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ā Quick Summary
GAS is showing bullish continuation after a higher low formation.
Volume is supportive, and MA(5) has crossed over MA(10) ā a classic short-term bullish signal.
Watch for a clean break of $2.998ā3.107 for upside momentum confirmation.
Risk exists below $2.875, as a failed push could result in fast retracement.
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