📉 Technical Analysis — G/USDT (1h)
@Gravity Current price: $0.00565
Variation: -9.89%
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🔍 Direct Summary
The asset G/USDT is clearly in a downward trend in the short term, with low volatility and reduced volume. The price tested support at $0.00558, but there are still no consistent signs of reversal.
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📊 Technical Indicators
• MA(7): $0.00565 (close to the price)
• MA(25): $0.00592 (above the price)
• MA(99): $0.00545 (below the price)
The price is below the short and medium-term moving averages, reinforcing the buying weakness.
• RSI(6): 40.39
• RSI(12): 39.75
• RSI(24): 46.25
The RSI values are not yet in extreme oversold territory, indicating continued weakness, with no strength for recovery at this time.
• Volume: Very low, with no significant buyer inflow.
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⚠️ Current Scenario
• Trend: Bearish
• Support: $0.00558
• Resistance: $0.00592
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📌 Conclusion
The chart indicates clear weakness. The asset has lost support from the moving averages and there is still no confirmation of a reaction. Low volume and weak RSI confirm the negative scenario.
Recommendation: Avoid entries until clear signs of reversal or significant increase in volume. Monitor the support at $0.00558.
#Gravity $G #FOMCWatch