$GNS /USDT ā Bearish Pullback After Sharp Drop!
š„ Caution advised as price hovers after major drop
š» Momentum Analysis
GNS plunged nearly -30% from the 24h high of $1.851 to the low of $1.330, showing a steep correction.
Current price at $1.670 still reflects -9.49% daily loss, with recovery attempts stalling around resistance at $1.77ā$1.87.
Bearish pressure remains as volume is higher on red candles ā sellers are dominating.
š© Long Setup (Aggressive Catch-the-Dip Play)
Entry Zone: $1.55 ā $1.65
Targets:
T1: $1.77
T2: $1.87
T3: $2.00 (psychological + technical level)
Stop Loss: $1.32 (under the recent low)
š Breakout Confirmation Level
$1.87 must be flipped with strong volume to confirm bullish reversal.
š” Key Support
$1.32 is the current demand base. A break below could trigger further downside to $1.10.
š Depth Levels
Sell Walls:
$1.77, $1.87
Buy Walls:
$1.57, $1.47
š” Pro Tip for Traders
Wait for a 15m or 1h bullish engulfing candle above $1.70 with rising volume before jumping in. Otherwise, monitor for a safer retest near $1.55.
š Timestamp:
2025-06-24 04:15 UTC