๐ $GMT (Green Metaverse Token) Technical Analysis - Dec 19, 2024
๐ Price: $0.1521 (-9.21%)
๐ Support Levels: $0.1430 | $0.1300
๐ Resistance Levels: $0.1680 | $0.1900
Key Indicators:
RSI (Relative Strength Index): 42 (Oversold Zone Approaching)
Moving Averages:
50 EMA: $0.160 (Bearish Crossover)
200 EMA: $0.180 (Long-Term Resistance)
Volume: $98M (High selling pressure)
Market Sentiment:
Bearish in the short term as GMT continues to test support at $0.143. A strong rebound could push it toward the $0.168 resistance. Watch for a breakout above $0.170 for potential bullish momentum.
Next Move:
๐ Close watch on RSI for a reversal signal.
๐ BTC correlation suggests broader market recovery may influence GMT.
๐ก DYOR (Do Your Own Research) before investing.