#BURNGMT
Here is the technical analysis of GMT coin. On weekly time frame it has a strong resistance at almost $0.40 level. In upcoming weeks GMT must will hit this target because this is it’s recent high before the accumulating stage. In Alts season almost every alt coin must take it’s recent high which is made before the accumulation phase.
If it breaks this level then our next resistance will be at 0.6867 level. This could also be a strong support.
Now let’s talk about current GMT situation. We can go for long postion.
TP1: 0.25
Tp2: 0.28
Tp3: 0.30
Tp4: 0.35
Tp5; 0.40
Further more GMT is going to burn 600 millions tokens which is a huge quantity, almost 20% of it currently circulating supply. This may pump GMT price in upcoming days.
