$GNO / USDT – Consolidating After Uptrend, Watching Key Levels♾️

$GNO is currently trading at $141.4, showing some consolidation after a recent upward move. The price is situated between the recent high of $148.1 and appears to be finding support around the $140 level.

Trade Setup (Range Observation):

Potential Resistance: $144.0 - $145.0

Potential Support: $139.0 - $140.0

Bullish Scenario:

Entry (Long): Break above $145.0 with increasing volume

Target 1: $148.0

Target 2: $150.0+

Stop Loss (Long): Below $138.5

Bearish Scenario:

Entry (Short): Break below $139.0 with increasing volume

Target 1: $136.0

Target 2: $133.0

Stop Loss (Short): Above $142.0

GNO/USDT seems to be in a consolidation phase after a bullish run. Monitoring the boundaries of this potential range and waiting for a clear breakout or breakdown with strong volume will be key to determining the next likely direction.

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