gnotoken

Gnosis (GNO) is the governance token of the GnosisDAO ecosystem, powering decentralized finance tools like Safe, CoW Protocol, and Gnosis Pay to support secure asset management and trading.

Today GNO trades around ≈ $128–$135 USD, far below its 2021 peak above $1,000, reflecting larger crypto market pressures.

Recent price action has been moderately positive, with GNO holding key support near ~$130 and showing some short‑term resilience tied to overall altcoin movements.

Liquidity remains moderate with a circulating supply of about 2.6 M GNO, making price sensitive to flows and market sentiment.

Gnosis’s focus on decentralized infrastructure and governance gives it long‑term narrative strength, but near‑term direction largely tracks broader crypto cycles.

Technical analysts are watching whether GNO can break above near‑term resistance (~$135) for more upside or fall below ~$122 for a pullback.

@Gnosis Chain $GNO #gnotoken
#gno

🛑$GNO
BEARISH TECHNICAL ANALYSIS – DOWNSIDE MOVE ANTICIPATED

$GNO is showing bearish pressure after failing to sustain above the 132–136 resistance zone. Price is forming lower-highs while struggling to hold support at 127.76, indicating sellers are in control. Weak buying volume and repeated rejection near resistance suggest further downside continuation is likely.

A break below 127.76 could trigger a move toward lower demand zones.

Targets (TP)

TP1: 124.00

TP2: 122.00

TP3: 120.00

Stop Loss (SL)

Place SL above 132.00, invalidating the bearish setup if breached.

Risk Management

Risk 1–2% per trade, maintain strict SL discipline, and avoid chasing impulsive moves.

#technicalanalysis #gnotoken #bearishtrend