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Technical analysis by S2A9 about Symbol GT on 6/18/2025

https://sahmeto.com/message/3602430
S2A9
S2A9
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Analysis: GT failed to break the $16.00 resistance on the daily chart, forming a bearish shooting star candle. The price is below the 50-day SMA ($15.80), and the MACD is showing a bearish crossover. Declining volume indicates fading bullish conviction, aligning with broader altcoin weakness.Key Levels:Support: $14.50, $13.50Resistance: $16.00, $17.20Target: $13.50Outlook: Short on a close below $15.60 with a stop loss above $16.00. Target $13.50 for a 13%+ decline. Watch for bearish follow-through.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$15.59
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