Ready for a Reversal – Don’t Miss the Move
GMT is currently trading at $0.1492, and is showing signs of consolidation after a strong decline. The 30-minute chart shows a possible reversal setup, especially since the price is testing a strong support area around $0.1490.
Important levels to watch:
Entry price: 0.1492
1st target: 0.1550
2nd target: 0.1650
Stop loss: 0.1475
Expectation:
If the price breaks the $0.1500 level, we may see an upward reversal leading us to the targets above.
This analysis reflects my opinion only and is not considered financial advice. You should make your decisions based on your own research and take into account risk management.