Quick Profit Trading Signal For $GHST

Entry Range: $0.5050 - $0.5150
Action: Buy ๐Ÿ“ˆ
SL (Stop Loss): $0.4850
TP 1: $0.5300
TP 2: $0.5450
TP 3: $0.5600

๐Ÿฅ‚ Trade Now $GHST

๐Ÿšจ Note: Trade at your own risk. DYOR.


Analysis of the Scalping Trade Signal:
Strong Daily Performance: GHST is up 8.25% in the last 24h, indicating bullish sentiment.
Volume & Liquidity: Vol/Mkt Cap at 30.45% suggests good liquidity for scalping, though volume is slightly down (-8.40%).
Support & Resistance Levels:

Support: $0.5050 (key buy zone), $0.4850 (major demand zone).
Resistance: $0.5300 (previous rejection area), $0.5450 (short-term target), $0.5600 (strong resistance).

Market Sentiment: Positive momentum, but risk of a pullback due to recent volatility.

Reversal Possibility Trade Setup (Bearish Scenario):

If GHST fails to break above $0.5300 and loses momentum, consider a short position:


Entry Range: $0.5250 - $0.5300
Action: Sell ๐Ÿ“‰
SL: $0.5400
TP 1: $0.5050
TP 2: $0.4900
TP 3: $0.4750

Reason for Reversal:
Overextension: After an 8% pump, a retracement could follow if resistance holds.
Volume Decline: If buying volume weakens further, sellers may take control.
RSI & Trend Exhaustion: If overbought conditions emerge, a pullback is likely.


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