The price of Goatseus Maximus (GOAT) surged after being listed on major exchanges like Bybit and Woo, which added futures trading.
A meme coin on the Solana blockchain, Goatseus Maximus (GOAT), has seen a significant price increase following its listing on major exchanges like Bybit and Woo, with the addition of futures trading. This has drawn in more investors, pushing the trading volume to over $384 million in a single day.
The token's price has surged over 50% recently, reaching a record high of $0.6794 from a low of $0.045 just a week ago. This surge has boosted its market value from about $48 million to around $668 million.
On the 4-hour chart, the pair is holding above short-term (34 and 55-day EMA) and long-term 200 EMA.
The bearish invalidation can happen if the pair closes above $0.17. On the lower side, the near-term support is $0.53. Any close below targets $0.45/$0.39.
The immediate resistance stands at around $0.75. Any breach above confirms a minor pullback. A jump to $0.90/$1 is possible. A surge past $1 will take GOAT to $1.25.
It is good to buy on dips around $0.50 with SL around $0.390 for TP of $1.
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