GateToken/Tether
Alış

Volume Spike Rejection at $22.50 Signals Downside

5
Analysis: GT saw a high-volume rejection at $22.50, forming a shooting star candle on the daily chart. The stock’s 1-month rating is neutral, suggesting fading momentum after a 10.95% monthly gain. The DMI shows -DI crossing above +DI, indicating bearish dominance. A break below $21.50 could target $19.50, aligning with prior support.

Trade Plan:
Entry: $21.50 (break below current price).

Stop Loss: $22.60 (above shooting star high).

Target: $19.50 (prior support, ~10.9% downside).

Risk-Reward Ratio: 1:2.

Timeframe: 1-2 weeks.

Indicators: DMI, Volume, Candlestick Patterns.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.