Technical analysis indicates a "Strong Buy" signal for GMT, based on indicators such as Moving Averages and Oscillators (TRADINGVIEW). And Trade Strategy.
However, it should be noted that the current price is still approximately 95% lower than the all-time high of $4.11.
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1. Entry Point: $GMT
- Recommended entry price: $0.200 - $0.210
If the price retraces to the support level near $0.200 and shows signs of a bullish reversal, this zone is a favorable entry point for buying.
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2. Take Profit Targets: $GMT
- Short-term target:$0.230 - $0.240 (10-15% increase from the entry price).
- Long-term target: $0.280 - $0.300 (30-40% increase from the entry price).
If the market maintains its upward momentum, you may adjust the take-profit targets to higher levels.
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3. Stop Loss Levels: $GMT
- Tight stop loss: $0.190
Set below the key support level to minimize risk.
- Wide stop loss:$0.180
Suitable for those with a higher risk tolerance while still protecting capital.
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