$GAS /USDT – STRONG SPIKE FOLLOWED BY CONSOLIDATION UNDER KEY RESISTANCE
$GAS /USDT surged from $1.93 to a peak of $3.508 before pulling back and now consolidating around $3.06. The 20%+ daily move suggests buyer strength, but the price is currently forming lower highs, signaling short-term hesitation near resistance. The strong impulse candle has not yet been invalidated, which keeps the bullish bias intact.
24H Overview:
High: $3.508
Low: $2.394
Volume: 11.53M $GAS
Key Levels:
Resistance: $3.50
Support: $2.89
Breakout Level: $2.54
Trade Setup:
Entry Zone: $2.90–$3.00
Target 1: $3.24
Target 2: $3.50
Final Target: $3.85
Stop Loss: $2.54
Price is currently forming a base, and if buyers defend the $2.89 support again, the next breakout above $3.24 could retest the local high. Watch volume closely on the next breakout attempt.
Pro Tip: A bullish engulfing on 1H near $3.00 with volume spike would be a clean entry confirmation.
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