GateToken/Tether
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$GT Overbought on 1-Hour Chart, Correction to $22.00 Expected

6
Analysis: At $22.44, GT is overbought on the 1-hour chart, with the RSI at 72 and the price near the upper Bollinger Band ($24.50). The Williams %R is at -10, confirming overbought conditions. A correction to the 20-period SMA ($22.00) is likely, supported by CoinCodex’s bearish short-term sentiment. Support at $22.214 (S1) may hold, but a break could target $21.965. Scalpers could short with a stop above $22.67, aiming for $22.00. Monitor volume for reversal signals.
Indicators: RSI (72), Williams %R (-10), Bollinger Bands (~$24.50), Support ($22.214), Target ($22.00).

Feragatname

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