$GAS /USDT Long Trade Opportunity – Bullish Reversal in Progress
Entry Zone: $2.80 – $2.95
Take-Profit Targets:
- TP1: $3.20
- TP2: $3.45
- TP3: $3.60
Stop Loss: $2.68
Rationale for Long Position:
- Breakout Confirmed: GAS has surged past the critical $2.70 resistance, rallying to a high of $3.26, signaling a strong bullish reversal.
- Price Stability: The asset is now consolidating above $3.10, reinforcing the new support level and indicating sustained buyer interest.
- Volume Surge: A notable spike in trading volume validates the upward momentum, suggesting further upside potential.
- Key Levels: Holding above $3.00 could fuel continued buying pressure toward $3.45–$3.60. A dip below $2.80 may pause the rally but offers a strategic re-entry opportunity for buyers.
Risk Management Strategy:
- Adjust stop loss to breakeven (entry price) upon reaching TP1 to lock in profits and minimize exposure.
Execute trades on GAS/USDT here. 🚀
Note: Monitor price action around $3.00 for trend confirmation. A close below $2.80 weakens the bullish thesis temporarily.