Technical analysis by S2A9 about Symbol GT: Buy recommendation (6/4/2025)

Analysis: GateToken (GT) is trading at $19.37, consolidating above the 200-day SMA ($14.31), which signals long-term bullish strength. The weekly StochRSI shows a golden cross in the oversold zone, suggesting upward momentum. The price is testing the 50-day SMA ($21.37) but remains within a tight range of $19.55–$21.15. A breakout above $21.15 could target $22.71, with further potential to reclaim the all-time high near $25.94. Volume is steady, supporting buyer interest. Outlook: Long entry on a close above $21.15 with a target of $22.71 and stop-loss below $19.55. Watch for increased volume to confirm the breakout.