The first project on Binance launchpad is heating up, up 60% today. If we can get a clean S/R of the green line, these are the major resistance zones.
If GTO continues to see high volume, the price could exceed 800 sats and retest the upper bound of the range formed in March/April.
The green box is the ideal buy zone (if we dip again).
Trade is invalidated at a loss of 420 sats.
So far, so good.
If GTO continues to see high volume, the price could exceed 800 sats and retest the upper bound of the range formed in March/April.
The green box is the ideal buy zone (if we dip again).
Trade is invalidated at a loss of 420 sats.
So far, so good.
Comment:
Pullback was deeper than expected, but trade still looks to be good struturally. I am swinging this trade, so it is a longer term play. I stand by my first target of 575 sats.