🚨 $GMT /USDT ALERT: Potential Move Brewing on the 1-Day Chart! 🚨
$GMT has shown steady upward momentum, currently trading at $0.2479, with a 24-hour high of $0.2502 and a low of $0.2304. The coin is holding above its critical moving averages, suggesting a bullish trend is in play.
Key Levels to Watch:
Resistance: $0.2639 – A breakout above this level could fuel a strong rally.
Support: $0.2304 – Holding above this zone is crucial to maintain upward momentum.
Trade Setup:
Entry Price: $0.2475 (current region for potential entry)
Take-Profit Targets:
Target 1: $0.2600
Target 2: $0.2700
Target 3: $0.2800
Stop Loss: $0.2250 (to limit downside risk)
⚠️ Caution: Watch for consolidation or false breakouts near the $0.2639 resistance. A failure to break this level convincingly could lead to a retracement toward the $0.2304 support zone. Tight risk management is recommended.