Looking at the 1W timeframe for GNO, there's a clear setup forming. Price has been consolidating in the green support zone and looks positioned to break upward toward the resistance trend line. If this plays out, we could be looking at substantial gains—around 220% from current levels.
The setup hinges on maintaining support at the lower boundary. A clean break above the trend line would confirm the upside scenario. Key coins tracking similar patterns lately include BTC, ETH, SOL, XRP and several altcoins showing strength in their weekly setups.
Chart structure remains constructive. Worth monitoring for the next move higher.
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GNO Weekly Chart Analysis
Looking at the 1W timeframe for GNO, there's a clear setup forming. Price has been consolidating in the green support zone and looks positioned to break upward toward the resistance trend line. If this plays out, we could be looking at substantial gains—around 220% from current levels.
The setup hinges on maintaining support at the lower boundary. A clean break above the trend line would confirm the upside scenario. Key coins tracking similar patterns lately include BTC, ETH, SOL, XRP and several altcoins showing strength in their weekly setups.
Chart structure remains constructive. Worth monitoring for the next move higher.