Analysis: Trading at $22.44, 
GT is struggling at resistance near $22.67 (pivot R1). The 4-hour chart shows the price nearing the upper Bollinger Band ($24.50), with the Stochastic Oscillator at 78, indicating near-overbought conditions. A rejection could lead to a pullback to $21.965 (S2), aligning with Bitnation’s bearish short-term outlook of a $0.616 drop. X posts suggest consolidation above $22.00, but momentum is fading. Support at $22.214 (S1) is key. Short-term traders could short below $22.44, targeting $21.965.
Indicators: Bollinger Bands ($20.80–$24.50), Stochastic Oscillator (78), Resistance ($22.67), Support ($21.965).
GT is struggling at resistance near $22.67 (pivot R1). The 4-hour chart shows the price nearing the upper Bollinger Band ($24.50), with the Stochastic Oscillator at 78, indicating near-overbought conditions. A rejection could lead to a pullback to $21.965 (S2), aligning with Bitnation’s bearish short-term outlook of a $0.616 drop. X posts suggest consolidation above $22.00, but momentum is fading. Support at $22.214 (S1) is key. Short-term traders could short below $22.44, targeting $21.965.Indicators: Bollinger Bands ($20.80–$24.50), Stochastic Oscillator (78), Resistance ($22.67), Support ($21.965).
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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.