$GAS /USDT 15-minute chart on Binance, here is a technical breakdown to help you determine your entry, exit, and stop-loss levels.
The chart shows a parabolic move (a "god candle") where the price spiked from approximately 1.86 to a high of 2.29, and is currently consolidating around 2.145.
Scenario 1: Bullish Continuation (Breakout Play)
If the price holds the current level and breaks the recent high, you are looking for a continuation.
* Entry: Above 2.150 (confirming it holds the psychological 2.15 level) or a break of 2.20.
* Take Profit (Exit): 2.29 (recent high) and then 2.35 – 2.40 (next psychological resistance).
* Stop Loss: Below 2.03 (the base of the most recent 15m green candle).
Scenario 2: Mean Reversion (The Retracement)
After such a vertical move, prices often return to touch the Moving Averages.
* Entry (Buy the Dip): Around 1.96 (where the yellow MA(7) is currently trending).
* Take Profit (Exit): 2.10 – 2.14 (retesting the current consolidation zone).
* Stop Loss: Below 1.89 (the MA(25) line). If it falls below this, the pump is likely over.
Technical Observations
* Volume: There is a massive green volume spike at the bottom. This shows high interest, but often leads to "blow-off tops" if not followed by steady volume.
* Moving Averages: The price is significantly "overextended" (stretched far away) from the MA(7), MA(25), and MA(99). Usually, the price will either drop to meet these lines or trade sideways until the lines catch up.
* RSI/Momentum: While not visible, a vertical move like this usually puts the RSI in "Overbought" territory (>70). Avoid "FOMO" (buying at the very top).
Summary Table
| Level Type | Aggressive (Current) | Conservative (Waiting) |
|---|---|---|
| Entry | 2.145 - 2.150 | 1.960 (MA Support) |
| Stop Loss | 2.030 | 1.890 |
| Take Profit 1 | 2.220 | 2.100 |
| Take Profit 2 | 2.290 | 2.250 |
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Coin is here ⤵️
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