$GNS

#GNS "Buy signals " the position of the short -term, ( in 1 hour chart ) 🚥📊🫂 Read the Caption 👇👇

〽️Price Movement: The current price of GNS/USDT is 1.976, with a 24-hour high of 2.343 and a low of 1.483. This indicates a significant price swing within the last 24 hours.

☄️Percentage Change: The price has increased by 29.66% in the last 24 hours, suggesting a strong upward trend recently.

☄️Moving Averages (MA):

MA(7): 1.953

MA(25): 1.768

MA(99): 1.680

☄️The short-term MA (7) is above the longer-term MAs (25 and 99), which could be a bullish signal indicating an upward trend.

☄️Relative Strength Index (RSI):

RSI(6): 60.280

☄️An RSI value above 50 can indicate an upward trend, but a value above 70 might suggest overbought conditions. The current RSI is near the middle, suggesting room for further upward movement without being overbought.

☄️Volume:

24h Vol(GNS): 10.70M

24h Vol(USDT): 20.80M

The trading volume is significant, indicating active market participation.

☄️Order Book:

Buy: 18.45%

Sell: 81.55%

☄️The order book shows a higher percentage of sell orders, which could indicate potential resistance or a correction in the price.

☄️🔄Best Doing Here Signals:

Buy Signal: The recent price increase, the position of the short-term MA above the longer-term MAs, and an RSI not yet in overbought territory could be considered bullish signals.

Sell Signal: The high percentage of sell orders in the order book and the recent significant price increase might suggest a potential correction or resistance level.

🔄Conclusion:

Given the current trends and indicators, it seems there is a strong upward movement in the GNS/USDT pair. However, the high percentage of sell orders could indicate a potential resistance level or correction. It's essential to consider these signals in the context of broader market trends and news that might affect cryptocurrency prices. Always conduct thorough research and consider multiple sources before making trading decisions.