#GMT GETS REJECTED BUT A NEXT POSSIBLE PRICE ACTION HAS BEEN INTEGRATED TO THE CRYPTO MARKET!
As GMT gets rejected at 0.17 without getting a chance to move above the previous major support last 2023. This shows how BTC has highly impacted this altcoin's market structure. Although, as what we can see. GMT is trying to regain its previous major support by creating new major support below it. The possibilities of an accumulation phase ensuing at these key levels is high. Therefore, it would be best to spot optimal positions for long-term growth.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
