$GHST
📈 GHST/USD Chart Analysis: The Delisting Dynamics
The chart provides a clear visual of the high-stakes environment currently surrounding GHST.
Key Technical Observations:
🚀 The Feb 10 Spike: After hitting a local bottom around $0.078, the price skyrocketed to $0.125 in a single day. This massive green candle represents a +36% move, likely driven by traders closing short positions following the Binance delisting announcement.
📉 Long-Term Trend: Before the spike, GHST was in a steady downtrend from $0.15. The recent bounce has broken that trend line, but the price is now facing heavy resistance at the $0.12 level.
🛡️ Volatility Zone: The long "upper wick" on the final candle indicates that while there was a massive surge, sellers stepped in near the peak. We are now seeing a consolidation around $0.11.
⚠️ Liquidity Warning: Watch the volume carefully. As the February 13th delisting date approaches, we expect wide price swings as liquidity transitions to decentralized exchanges (DEXs).
Summary: Technically, GHST has shown incredible resilience, but the "Binance effect" makes this a high-risk/high-reward play. The chart suggests that as long as it stays above $0.09, the bullish momentum from the squeeze could attempt another test of the $0.13 resistance.
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