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Technical analysis by S2A9 about Symbol GT: Buy recommendation (5/19/2025)

https://sahmeto.com/message/3528656
S2A9
S2A9
Rank: 30606

GT’s Overbought RSI Signals Drop to $18.74

Buy
Price at Publish Time:
$21.38
Stop Loss Price:
(-12.34%)$18.74
Buy،Technical،S2A9

Analysis: GT at $21.38 is overbought, with the RSI at 78 on the daily chart (Web ID: 23). The price is above the upper Bollinger Band, a classic reversal signal (Web ID: 23). The weekly chart shows a lower high, suggesting a long-term bearish bias (Web ID: 16). Support at $18.74 (pivot) is the next target if $20.50 breaks (Web ID: 17). Declining social media mentions (0.01% frequency) indicate fading interest (Web ID: 24).Trade Setup: Entry: $21.30–$21.50 Target: $18.74 (12% downside) Stop Loss: $22.67 Risk-Reward Ratio: 1:2 Confidence: Moderate (65%)Note: Watch for a bearish MACD crossover for confirmation.

Source Message: TradingView
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