Are you sure its will be pump

$GTC

/USDT Technical Analysis and Trade Strategy🎯📈

Current Overview

Current Price: $0.858

24h High: $1.030

24h Low: $0.843

Trend: Bearish (-16.29% in 24 hours)

Volatility: High

Key indicators to consider:

SAR (0.843) suggests potential support.

Recent Sharp Decline may offer rebound opportunities if support holds.

Trade Setup

Entry Zone

Long Entry: Between $0.840 and $0.860

Ensure price shows a clear bounce from support at $0.843.

Short Entry: If price breaks below $0.840 with volume confirmation.

Stop Loss

Long Trade: $0.820 (around 2-4% risk)

Short Trade: $0.880 (above recent resistance)

🎯 Targets for Long Setup

1. Target 1: $0.940 (Approx. 9% Profit)

2. Target 2: $1.000 (Approx. 15% Profit, near psychological resistance)

3. Target 3: $1.030 (24h High and Strong Resistance Level)

🎯 Targets for Short Setup

1. Target 1: $0.810 (Approx. 4-5% Profit)

2. Target 2: $0.780 (Next Support Level)

3. Target 3: $0.750 (Deeper Support from Historical Levels)

Strategy Execution

1. Monitor Volume: Confirm rebound for long trades or breakdown for shorts.

2. Risk-Reward Ratio: Aim for at least a 2:1 reward-to-risk ratio.

3. Trailing Stop: After hitting Target 1, consider using a trailing stop to secure profits.

This setup provides opportunities for both bullish rebounds and bearish continuations based on market reaction to key support levels.

#BinanceAirdropsCATandPENGU #VANAOpening #MarketNewHype #ETHHits4KAgain #BTCNewATH