$GNO
/USDT TECHNICAL ANALYSIS - BULLISH WITH TARGETS AND STOP LOSS
$GNO/USDT pair is currently showing a strong bullish trend, having broken key resistance levels. The market looks poised to continue its upward movement, with further targets in sight.
Key Levels:
Support Level: 116.00
Resistance Level: 125.80 (24h High)
Target Price (TP1): 128.00
Target Price (TP2): 130.00
Stop Loss (SL): 114.77 (24h Low)
Market Outlook:
With a recent upward price movement and steady volume, the market is expected to push towards higher targets. A break above 125.80 will confirm the bullish sentiment, with the price heading toward 128.00 or even 130.00. Should the price retrace back below 114.77, the trade should be re-evaluated for exit or adjustment.
Risk Management:
Limit risk exposure to 1-2% of your total portfolio per trade.
Set stop loss at 114.77 to protect your position.
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