$GAS / USDT – Breaking Through Resistance! 🔥
$GAS is currently trading at $3.502, showing a gain of +1.98%. The 4-hour chart indicates that the price has broken above the $3.50 resistance level we discussed earlier! This suggests potential for further upward movement.
Potential Bullish Momentum:
Observation: $GAS has successfully broken above the $3.50 resistance with increasing volume. This could signal a continuation of the uptrend.
Possible Trade Considerations:
Entry: Consider potential entries around the current price or on slight pullbacks towards $3.50, looking for it to act as new support.
Target 1: $3.55
Target 2: $3.60
Final Target: $3.65+ (testing previous highs)
Stop Loss: Place a stop-loss below the breakout level, perhaps around $3.48, to manage risk.
Key Observation: The break above $3.50 with good volume is a positive sign. Monitor for continuation of this bullish momentum.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday afternoon!
