Analysis: GT’s volatility (5.83%) aligns with high-risk altcoins like Solana, but the price is struggling below the Bollinger Bands’ upper band ($24.42). A bearish engulfing candle on the daily chart suggests a correction to $18.50. The 50-day SMA ($25.02 projected) is out of reach.
Trade Idea: Short GT at $19.50, targeting $18.50. Stop loss at $20.50.
Risk: Strong buying volume could push GT above $21.15.
Trade Idea: Short GT at $19.50, targeting $18.50. Stop loss at $20.50.
Risk: Strong buying volume could push GT above $21.15.
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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.