$GAS Future Setup - Short/Sell (1H)

GASUSDT

Perp

1.668

+5.70%

Entry: 1.995 - 1.975

Stop Loss: 2.085

TP1: 1.85

TP2: 1.75

TP3: 1.65

🧠 Technical Analysis

🚀The current price of $1.989 is below the SMA(20) and has a bearish RSI(14) of 35.03, indicating a strong downtrend. The MACD trend is bullish, but the overall trend is a strong downtrend, and the momentum is -1.34%, suggesting a continuation of the downtrend.

📊The price is also near the lower Bollinger Band, which could act as a support level.

VERDICT: BEARISH🐻

⚠️RISK LEVEL: MEDIUM

🎯Target Probabilities

🥇 TP1: 70%

🥈 TP2: 45%

🥉 TP3: 30%

🙏Always use Trailing SL

#GASUSDT #gasiscooking #BearishAlert