$SEI A purchase was made on the 18th for 10,000 US dollars, thanks to God, with a profit of more than 50% so far. I exited with half the quantity and now I have about 40% of the remaining quantity. I ask God to bless you in your profits. It currently has an important resistance at 0.31; if it breaks with a 4-hour candle and stays above it, it will continue to rise. For those asking about the recommendations group
Gains Network (GNS) has risen 49.8% in the last 24 hours amid strong buying momentum, a technical breakout, and positive expectations for system updates.
🔸 Key Catalysts:
Vote to extend the buyback and burn mechanism indefinitely
90% of the protocol's revenue ($603,000 in May) is used for burning
Burning creates a positive cycle: (Burn → Price Increase → Increased Value of Burn)
With May's revenue, it is possible to burn 292,000 GNS monthly (1% of the supply)
🔸 Technical Analysis:
RSI at 73.5 (overbought but within the upward range)
MACD positive for the first time in 3 weeks
The price broke the level of 1.55$ (161.8% Fibonacci), with a target of 1.66$ (200%)
Trading volume jumped 1643% to 66 million $ (clear institutional interest)
🔸 Conclusion: GNS combines significant burning, strong technical momentum, and support from the Arbitrum environment. However, the sustainability of growth depends on achieving the 2025 roadmap and the continued revenue of the protocol.
💭 Open Question: Can the protocol continue burning with the same strength if market volatility decreases?