G/USDT Market Update
G/USDT has shown notable volatility today, with the price swinging between a high of 0.00473 and a low of 0.00427, closing at 0.00431. Despite a daily pullback of -2.48%, the session’s wide 10.40% range and high trading volume—over 150M G tokens—signal strong market participation. The price remains above key short-term moving averages (MA7 at 0.00417, MA25 at 0.00395), which supports a near-term bullish structure. However, resistance was met at the MA99 (0.00440), aligning with today’s peak and causing a rejection. For the uptrend to resume, buyers need to break and hold above this level.
Looking ahead, watch the support zone around 0.00417–0.00400. A hold here could set up another test of resistance toward 0.00473 and beyond. Conversely, a close below 0.00400 may invite deeper consolidation. The elevated volume confirms active interest, suggesting moves are being driven by real capital. Traders should monitor Bitcoin’s broader market influence and any project-specific developments that could impact momentum. In this volatile environment, disciplined risk management remains essential.
