๐ข GUSDT: bottom or another bull trap?
After spiking to $0.0151, Gravity returned to $0.0036. Almost all the momentum has faded, and open interest has fallen significantly.
The trend remains bearish on the 1D and 4H charts. But on the 15m chart, buyers are trying to defend local support at $0.003620.
๐ $G ยท LONG scenario
Entry: 0.003640โ0.003660
SL: 0.003590
๐ฏ TP1: 0.003730
๐ฏ TP2: 0.003790
๐ฏ TP3: 0.003870
๐ฏ TP4: 0.045700๐ซ๐
Potential to TP3: approximately 3.7R from the midpoint of the entry zone.
Why LONG?
Not because the coin has fallen sharply. The idea is to catch a short bounce from support if buyers hold the level and push the price back above the local EMAs.
Enter only after confirmation on the 15m chart. A support break without a recovery is a reason to skip the setup.
And don't confuse a technical bounce with a reversal of the broader trend.
What do you think: will $G return to $0.0040, or will it make a new low first?
#GUSDT #Gravity #GreedCore
โ ๏ธ Trading scenario, not financial advice.๐
After spiking to $0.0151, Gravity returned to $0.0036. Almost all the momentum has faded, and open interest has fallen significantly.
The trend remains bearish on the 1D and 4H charts. But on the 15m chart, buyers are trying to defend local support at $0.003620.
๐ $G ยท LONG scenario
Entry: 0.003640โ0.003660
SL: 0.003590
๐ฏ TP1: 0.003730
๐ฏ TP2: 0.003790
๐ฏ TP3: 0.003870
๐ฏ TP4: 0.045700๐ซ๐
Potential to TP3: approximately 3.7R from the midpoint of the entry zone.
Why LONG?
Not because the coin has fallen sharply. The idea is to catch a short bounce from support if buyers hold the level and push the price back above the local EMAs.
Enter only after confirmation on the 15m chart. A support break without a recovery is a reason to skip the setup.
And don't confuse a technical bounce with a reversal of the broader trend.
What do you think: will $G return to $0.0040, or will it make a new low first?
#GUSDT #Gravity #GreedCore
โ ๏ธ Trading scenario, not financial advice.๐
