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Technical analysis by S2A9 about Symbol GT on 5/30/2025

https://sahmeto.com/message/3563257
S2A9
S2A9
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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.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$19.53
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