MyCryptoParadise_Simon

STEPN next possibe move ? ๐Ÿš€๐Ÿ”ฅGMT today analysis

Long
BINANCE:GMTUSDT   GMT / TetherUS

๐Ÿ’Ž GMT is exhibiting intriguing dynamics as we notice a bullish Order Block (OB) beneath the current price level. We anticipate the price to mitigate this OB and subsequently ascend.

๐Ÿ’Ž The Relative Strength Index (RSI) currently shows a downward trajectory, and trading below the 50-day Exponential Moving Average (EMA) further validates the predicted move. After securing liquidity, the price is expected to gain bullish momentum.

๐Ÿ’ŽThe previous demand zone has transitioned into a supply zone, leading to a bearish market movement. However, we have an imbalance and a Bearish OB likely located at the Supply Zone. Therefore, once the buying liquidity is secured, the price is expected to mitigate the bearish OB.

๐Ÿ’ŽIn the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey

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