GMT is showing a strong upward trend after breaking out of a long-term descending pattern, currently trading at $0.2332. The token is approaching a critical weekly resistance at $0.2616, which could act as a key level for confirming a bullish breakout. If this resistance is breached,
GMT
may target $0.30 initially, with a mid-term goal of $0.50.
On the downside, the support at $0.1667 remains a strong accumulation zone, having previously attracted buyers during market dips. Investors should monitor these levels closely for potential opportunities. 🚀
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.