$GMT /USDT Analysis: Testing Key Levels Amid a Pullback ๐Ÿ“‰

๐Ÿ“Š Current Price: $0.1512 (-7.41%)

๐Ÿ” 24h High: $0.1675

๐Ÿ”ป 24h Low: $0.1426

๐Ÿ”ธ Resistance Levels:

Immediate: $0.1519 (local high)

Major: $0.1600

๐Ÿ”ธ Support Levels:

Immediate: $0.1500

Key: $0.1425

โšก Market Overview:

Bearish Sentiment: GMT/USDT is experiencing a pullback after reaching a daily high of $0.1675.

The price is hovering near immediate support at $0.1500. A breakdown below this level could lead to further downside.

๐Ÿ’ก Trading Strategy:

Bullish Case:

Watch for a bounce from $0.1500. Entry above $0.1520, targeting $0.1600 with a stop-loss at $0.1480.

Bearish Case:

If the price falls below $0.1500, expect further downside to $0.1450-$0.1425. Short below $0.1500, with a stop-loss at $0.1530.

๐Ÿšจ Pro Tip: Keep an eye on volume and RSI for signs of recovery or further bearish momentum. Risk management is key in this volatile market.

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