Analysis: At $22.44, 
GT is overbought on the 1-hour chart, with the RSI at 72 and the price near the upper Bollinger Band ($24.50). The Williams %R is at -10, confirming overbought conditions. A correction to the 20-period SMA ($22.00) is likely, supported by CoinCodex’s bearish short-term sentiment. Support at $22.214 (S1) may hold, but a break could target $21.965. Scalpers could short with a stop above $22.67, aiming for $22.00. Monitor volume for reversal signals.
Indicators: RSI (72), Williams %R (-10), Bollinger Bands (~$24.50), Support ($22.214), Target ($22.00).
GT is overbought on the 1-hour chart, with the RSI at 72 and the price near the upper Bollinger Band ($24.50). The Williams %R is at -10, confirming overbought conditions. A correction to the 20-period SMA ($22.00) is likely, supported by CoinCodex’s bearish short-term sentiment. Support at $22.214 (S1) may hold, but a break could target $21.965. Scalpers could short with a stop above $22.67, aiming for $22.00. Monitor volume for reversal signals.Indicators: RSI (72), Williams %R (-10), Bollinger Bands (~$24.50), Support ($22.214), Target ($22.00).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.