GORK - Bearish pattern (short)🔻 A bearish Head and Shoulders pattern is forming.
I expect a decline towards $0.0062 and $0.0053.
📉 Short position is the priority.
GORKUSDT.P trade ideas
GORK/USDT BULLISH REVERSAL GORKUSDT just completed a classic liquidity sweep beneath a key swing low, followed by a strong bullish reaction. This price action suggests smart money accumulation after a prolonged downtrend. A potential short-term reversal is underway, offering a high-RR long setup.
Key Observations:
• Market Structure Shift: The prolonged downtrend was broken with a bullish engulfing pattern after a clear TBS at the lows.
• Demand Zone Reaction: Price bounced precisely from the support level around 0.00810, forming a base with a rejection wick — confirming liquidity sweep.
• Bullish Momentum: The current bullish candle is closing above minor consolidation, showing strength.
Entry: 0.00828
• Stop Loss: 0.00810 (Below liquidity grab wick)
• Target 1: 0.00890 (Previous minor resistance)
• Target 2: 0.01097 (Major resistance zone and FVG fill)
GORK 4H Chart: Does the RSI Indicate the Trend Is Turning Up? GORK 4H Chart: Does the RSI Indicate the Trend Is Turning Up?
What Are Your Opinions?
Disclosures
This analysis is for informational purposes only and is not financial advice. It does not constitute a recommendation to buy, sell, or trade any securities, cryptocurrencies, or stocks. Trading involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
GORK - 4H Chart Any Opinions?GORK - 4H Chart Any Opinions?
NOT FOR FINANCIAL Advise
Not recommendations to buy sell any securities, stocks, cryptos
DYOR
$GORK MARKET SPECULATION $Gork will taste this levels in the next couple of days
Bullish move started already,stay positioned
#phoenixthe1st #Crypto #Gork
GORKVery interesting thing to see the reach this project gets at X.
It looks like millions of eyes are watching its publications on this platform and while we all are waiting for the bull market, this could be the next meme coin hype next days.
lets see.
