$GHST / USDT Showing Bearish Pressure After Rejection on Binance 📉
Aavegotchi ( $GHST ) is currently trading at $0.517 on Binance, down by 1.52% on the 4-hour chart and 3.18% overall.
The 4-hour chart shows that after a recent attempt to push higher, reaching a 24-hour high of $0.574, it $GHST faced strong rejection and has since been trending downwards. It's currently trading just above the 24-hour low of $0.511.
The immediate support level to watch is the 24-hour low. A break below this could lead to further downside. On the upside, resistance is likely around the $0.53 - $0.54 zone. A sustained move above this area would be needed to indicate a potential short-term recovery.
Key Levels to Watch:
Potential Support: $0.511
Potential Resistance: $0.53, $0.54, $0.55
Traders should monitor volume and price action closely for confirmation of the next directional move after this recent rejection.
