Technical analysis by darksignal about Symbol GOAT: Buy recommendation (7/26/2025)

After an extended downtrend, the 4-hour chart of Goatseus Maximus (GMAX) / USDT is showing signs of stabilization and a potential trend reversal. The price has found support in the $0.11–$0.12 range, where accumulation appears to be taking place — characterized by higher lows and an early structure of upward movement. The WaveTrend (WT_LB) indicator is currently in the oversold zone and beginning to turn upward. This behavior often suggests that selling pressure is weakening and the market may be preparing for a bullish move. A green cross on this indicator can be interpreted as an early buy signal. Additionally, the moving averages (MA 10, 30, 60, and 120) are starting to flatten out, indicating a potential transition out of the previous downtrend. If the price can break and hold above these averages, it may trigger increased buying interest and momentum. From a technical standpoint, the $0.14 level remains a key short-term resistance. A successful breakout above this level could open the way for a move toward $0.18, followed by a potential run-up to $0.24, which previously acted as a significant resistance zone and rejection point. In summary, the current technical setup suggests that if bullish momentum continues and key resistance levels are broken, a move toward $0.24 is achievable in the mid-term. Potential TP: 0.24 USD