$GNO GNO/USDT: Steady Recovery or Major Breakout Loading? 🚀
GNO is showing a very clean bullish structure on the 1-hour chart, gradually climbing while maintaining strong support levels.
📊 Key Technicals:
Price Action: Currently trading at $120.36, GNO is hugging the upper Bollinger Band, signaling strong momentum.
RSI Check: At 65.98, the RSI is bullish but not yet overextended, leaving room for more upside before a correction.
Support & Resistance: It is currently battling the $120.58 resistance. A solid break above this could trigger a fast move upward.
💡 Strategy:
Entry: Look for a confirmed breakout above $121.00.
Take Profit: Aim for $125.00 (Short-term) and $132.00 (Mid-term).
Stop Loss: Place a protective stop at $117.00.
Don't ignore the slow movers; they often have the most sustainable rallies! 💎
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#BullishTrend