Technical analysis by Crypto-by-PRIME about Symbol GHST: Buy recommendation (8/12/2025)

GHST/USDT Chart Analysis: Bullish Breakout Potential Looking at the daily chart, we can see a clear upward momentum after a period of consolidation. The price has recently broken above a long-standing downward trendline, signaling a potential bullish breakout. Trendline Break: The price has successfully moved above the descending resistance line, which has been holding the price down for several months. This break indicates that the market sentiment is shifting toward the bullish side. Target Price: Based on the current price at 0.507 USDT, we’re looking at a potential upside of 28.1% with a target of 0.655 USDT, as indicated by the measured move from the trendline break. Volume Confirmation: The recent volume increase supports the bullish breakout, suggesting strong buying pressure. Key Levels to Watch: Support: 0.480 USDT (recent low) Resistance: 0.530 USDT (immediate resistance) Target: 0.655 USDT (28.1% potential upside) This setup presents an opportunity to enter at current levels or on any pullback towards support. Keep an eye on the 0.530 resistance, as a clean break above this could signal further upside.