$GAS /USDT (1H chart) Quick Technical Analysis:

Strong Uptrend: Price has surged from below $3.0 to $3.50, riding sharply above both the 5MA (yellow) and 10MA (pink) — showing strong bullish momentum.

Price Riding Upper Bollinger Band: Currently hugging the upper band (UP: 3.512), which indicates aggressive buying pressure. However, it’s also a sign of possible overextension.

Volume Spike: The breakout was supported by a massive green volume bar, confirming the strength of the upside move.

RSI ≈ 70: The RSI is entering the overbought zone, suggesting the market is getting hot and may face short-term pullback or consolidation.

Support Levels:

– Immediate support: ~$3.25 – $3.30 (recent breakout zone)

– Strong support: $3.12 (10MA)

Resistance:

– Recent swing high at $3.50 is a key resistance.

– If breakout continues, next psychological target is $3.70–$4.00

Conclusion / Strategy Outlook:

Bullish bias remains intact while price is above $3.30.

Ideal plan: Buy on dips towards 5MA/10MA support rather than chasing highs.

Aggressive traders may look for $3.50 breakout continuation, with tight stops; cautious traders wait for retrace to re-enter long.

Bearish only if price breaks down below $3.10 on volume.