$GAS Future Setup - Short/Sell (1H)
GASUSDT
Perp
1.703
+2.77%
Entry: 1.995 - 1.975
Stop Loss: 2.085
TP1: 1.85
TP2: 1.75
TP3: 1.65
đ§ Technical Analysis
đThe current price of $1.989 is below the SMA(20) and has a bearish RSI(14) of 35.03, indicating a strong downtrend. The MACD trend is bullish, but the overall trend is a strong downtrend, and the momentum is -1.34%, suggesting a continuation of the downtrend.
đThe price is also near the lower Bollinger Band, which could act as a support level.
VERDICT: BEARISHđ»
â ïžRISK LEVEL: MEDIUM
đŻTarget Probabilities
đ„ TP1: 70%
đ„ TP2: 45%
đ„ TP3: 30%
đAlways use Trailing SL
#GASUSDT #gasiscooking #BearishAlert