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Industry giants are getting involved with $ELP. SandBox is literally the leader in its sector, and the fact that they want to see Elympics as part of their infrastructure means a lot. They always choose proven allies, and this is a great choice. The locking of $ELP tokens is also a bullish sign for price action. The convictions are very strong.

$PUMP on Binance is more of bearish sign in the near future

Trading often comes down to patience, conviction, and timing. For several sessions, GATA/USDT moved sideways in a tight range, testing traders’ willingness to sit through low volatility. What looked like quiet consolidation has now shifted into clear breakout momentum.$GATA 1. Structure: Sideways Grind Before the Spike On the 3H and 4H charts, GATA/USDT spent days trading in a horizontal band around $0.028–$0.030. Support repeatedly held near $0.02838 and $0.02875, forming a strong base that absorbed selling pressure. This pattern resembles a coiled spring. Each dip was bought, and each rejection stayed shallow. Once liquidity thinned, even a modest increase in demand sent price higher. The breakout came in the form of a sharp green candle, pushing through resistance near $0.033 and wicking toward $0.040 before easing back. This was the first sign of buyers regaining control. 2. RSI Momentum: Heat Rising The RSI (14) on the 3H chart hovered in the neutral 40–50 zone during the range, showing indecision. With the breakout, RSI jumped to 62.56. An RSI above 60 suggests strengthening momentum but not extreme conditions. If it climbs above 70, the risk of short-term pullbacks or pauses grows. The message is that momentum has shifted in favor of buyers, but chasing after a large candle is risky without a defined plan. 3. Parabolic SAR: Trend Bias Turning Up Parabolic SAR, which had flipped back and forth during consolidation, has now positioned below the candles. This shift often signals a transition from choppy conditions to trending ones. When SAR aligns with strengthening RSI, the bullish bias is reinforced. 4. The 4H Momentum Strategy: Breakout Confirmation On the 4H chart, momentum indicators had previously sent mixed signals, reflecting the range-bound market. That changed when a strong breakout candle cut through the $0.032–$0.033 resistance zone. This new higher high marks a structural shift. The prior ceiling is now being tested as a potential support zone. If it holds, it confirms the move as more than a temporary spike. 5. Key Levels to Watch Support Zone ($0.028–$0.030): This is the broader accumulation floor. Staying above here preserves the bullish setup. Immediate Support ($0.032–$0.033): Former resistance now acting as first support. Holding this is critical for continuation. Resistance ($0.038–$0.040): The recent wick rejection signals supply here. Breaking through would open room for further upside. Next Target ($0.045–$0.050): If $0.040 is cleared with volume, this becomes the next area of interest. 6. Risk-Reward Considerations The temptation to enter during strong green candles is high, but that can leave late buyers exposed. More structured approaches include: Looking for entries on pullbacks into $0.032–$0.033. Placing stop-losses just under the accumulation floor ($0.028–$0.029). Targeting at least a 2:1 risk/reward ratio — risking 10% to aim for 20% or more. The goal is not to catch every move but to protect capital and build consistency over time. 7. Trader Psychology Breakouts often trigger emotional responses, especially fear of missing out. The disciplined response is to stick with planned setups rather than chase. Markets always create new opportunities, but capital lost to emotional trading is hard to recover. 8. Big Picture: Transition Phase GATA/USDT appears to be moving from accumulation into a markup phase. These shifts can create strong rallies but also bring volatility. Volume will play a decisive role: sustained activity supports continuation, while weak follow-through risks a return to the prior range. For now, the $0.032–$0.033 zone remains the key battleground that will reveal whether the breakout holds or fades.