$GMT /USDT Consolidation Phase: A Bounce in Sight? 🚀

GMT is trading at $0.2140, up 5.94% for the day after a significant retracement from the high of $0.2479. The price is showing signs of stabilization near support, presenting a possible rebound opportunity.

Trade Setup:

Entry Zone: $0.2130 - $0.2150

Target 1: $0.2200 (short-term resistance)

Target 2: $0.2300 (retracement zone)

Stop Loss: $0.2100 (below recent support)

Look for volume spikes and confirmation of a reversal near $0.2130. Tight stop-loss management is critical as further consolidation could lead to increased volatility. Stay alert for quick moves!