1. Summary
$GAS trading at ~$3.69 after the bounce and testing the resistance zone of $3.86–$3.90; short-term bias bullish conditional — need 4H volume to confirm breakout.
• Current price: $3.69. • Key levels: support $3.42–$3.43 (MA/structure), immediate resistance $3.86–$3.90.
2. Analysis
MA7 > MA25 > MA99 on 1H, RSI ~54 — technical structure supports upward exposure but not overly hot; increasing volume in recent candles shows initial buying strength, however, follow-through on the 4H chart is necessary to avoid false-break. Regarding sentiment, the market shows signs of chasing after the pump but remains cautious: retail is following momentum, whales may use pullbacks to take profits.
3. Strategy
Entry:
Breakout (safe): probe/limit when 4H close > $3.86–$3.90 with clear increase in 4H volume.
Pullback (practical): probe buy $3.60–$3.65 (near MA25/MA99) if there is wick rejection + 1H reversal candle; small scale-in.
Stop-loss: $3.35 (below the structural support zone of $3.42 to avoid false-stop).
Take-profit: TP1 = $3.86–$3.90 (take profit near resistance); TP2 = $4.10–$4.30 (expand if momentum & volume continue). If volume is weak, lower TP2 to ~$4.00.
Exit triggers: large CEX inflows / whale dumps, volume collapse on 4H, or negative news → exit immediately. Use limit/probe orders to reduce slippage.