What do you guys have think about it ๐ค
Kya aap bhi wahi sonch rahe hai jo mein sonch raha hun๐ง
$GAS /USDT (15-minute timeframe) shows a symmetrical triangle pattern forming โ a classic consolidation structure after a strong upward move. Here's a breakdown:
๐ Pattern Analysis: Symmetrical Triangle
Price Range: Tightening between higher lows and lower highs.
Previous Trend: Strong bullish rally from ~$3.27 to $3.64.
Current Price: ~$3.54, just above the lower trendline.
๐ Possible Next Move
โ Bullish Scenario (More Likely)
If GAS/USDT breaks above the triangle (above ~$3.58), the price could rally toward:
Immediate target: ~$3.75โ$3.80
Extended target: ~$4.00 (measured move based on triangle height)
๐น Why bullish bias?
Strong prior momentum
Consolidation at the top (bullish continuation pattern)
Still trading above the support trendline
โ Bearish Scenario
If price breaks below the triangle (~$3.50 or below), expect:
Support at: $3.42 and then $3.34
Stop loss for bulls would be under $3.42
๐ Recommendation
Wait for breakout confirmation (either above $3.58 or below $3.50)
Volume spike will likely confirm the direction
Ideal trade:
Buy breakout with volume above $3.58
Stop loss: ~$3.49
Target: $3.75 โ $3.95+
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