GNO is being tested just above the strong support level of $144.5782. While limited by the nearby resistance at $146.0050, multi-timeframe alignment supports buyers but BTC correlation poses a risk.
Current Price Position and Critical Levels
GNO’s current price is at $144.60, trading in the $139.33 – $149.69 range with a 24-hour -2.93% decline. Despite the overall uptrend, the Supertrend indicator is giving a bearish signal and pointing to the $160.72 resistance. The price shows a bullish short-term structure above EMA20 ($140.41), with RSI at 62.25 in the neutral-bullish zone. A total of 19 strong levels were identified across 1D, 3D, and 1W timeframes: 4 supports/3 resistances on 1D, 3 supports/2 resistances on 3D, 3 supports/4 resistances on 1W. This confluence makes $144.5782 the primary buyer zone, with liquidity collection potential above. Volume is low at $451,420, indicating that big players are on the sidelines. The price is structurally within a rising channel, but the recent drop points to an order block test.
Support Levels: Buyer Zones
Primary Support
$144.5782 (Score: 84/100) – This is GNO’s most critical buyer zone. Why is it important? It forms a high-confluence demand zone on 1D and 3D timeframes; an order block tested just below the recent 24-hour low of $139.33 but immediately below the current price. Historically, this level has rejected price twice (with rejection wicks), with volume spikes observed. Aligned with EMA20 ($140.41), intersection of the rising trendline on the 1W chart. Over 80% hold rate in multiple tests, liquidity is being drawn here (for stop-loss hunting). In case of a break, a quick drop is expected, but if it holds, it gives a bullish continuation signal.
Secondary Support and Stop Levels
$137.8350 (Score: 72/100) – Secondary support, a strong supply-demand imbalance zone on the 3D timeframe. Supported by a fair value gap (FVG) from the previous swing low, with volumetric buying traces on 1D (green candle closes). Price has bounced +15% from here in historical tests. Invalidation level below $137; ideal for stop-loss clustering.
$131.3336 (Score: 73/100) – Deeper support, main trend support on the 1W chart. High-timeframe confluence (3D/1W), liquidity pool between old highs and drops. High volume profile, traces of institutional buys (whale orders). If broken, downside opens to $110.06, R/R ratio 1:3. Stop strategy: below $144.58 at $143.50, for secondary below $137.
Resistance Levels: Seller Zones
Near-Term Resistances
$146.0050 (Score: 67/100) – Closest seller zone, 1% above current price. Order block below the recent 1D high of $149.69, tested with wick rejections. Volume decline activates sellers here. Needs clean breakout + retest for break, otherwise high fakeout risk. Dynamic resistance confluence with EMA20.
Main Resistance and Targets
$152.7024 (Score: 67/100) – Main resistance, strong supply zone on 1W. Equal highs between historical peaks, whale selling pressure traces (red volume candles). Aligned with 3D Supertrend resistance (near $160.72). If broken, upside targets $180.8977.
$165.7500 (Score: 62/100) – Upper-level resistance, liquidity target with 1W/3D confluence. Old peak zone, volume profile POC (point of control). Big players’ profit-taking area; 70% rejection rate in tests. Upside target $180.90, attractive R/R 1:2.5, but Supertrend warns bearish.
Liquidity Map and Big Players
GNO’s liquidity map is clear: Below $144.58 – $131.33 buy-side liquidity (long position stops), big players could sweep here and hunt upside liquidity. Above $146 – $152 sell-side pools (short stops), above $165.75 premium liquidity (profit realizations). Order flow analysis shows positive delta at $144.58 (buyers dominant), but negative divergence at $146. Whales likely planning to hold $144.58 and raid $152; watch for volume increase. Risk: Low volume ($451k) open to manipulation.
Bitcoin Correlation
BTC at $93,101.75 with -2.38% decline impacting GNO (similar correlation). BTC supports at $92,933 / $90,950 / $88,230 critical; if GNO holds $144.58 and BTC holds $92,933, altseason opportunity. Resistances $93,866 / $95,535; BTC Supertrend bearish, if dominance rises GNO pulls to $131. Watch: BTC below $90k triggers GNO downside to $110, above $95k pushes GNO to $165+. Correlation coefficient 0.85+, BTC leading.
Trading Plan and Level-Based Strategy
Level-based outlook: If $144.58 holds, long bias, first target $146.0050 (retest), then $152.70 breakout. Invalidation below $143.50. For short, $146 rejection + $144 break, target $137.83. Upside scenario: 25% potential to $180.90, downside 24% to $110 (calculate R/R). Details for GNO Spot Analysis and GNO Futures Analysis. This analysis is not investment advice; do your own research, risk management first.
This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.