$GMT is currently trading at $0.2078, up by a remarkable 54.38% over the last 24 hours. The price has shown strong bullish momentum, hitting a high of $0.2145 and a low of $0.1334, signaling an intense upward breakout.
The chart indicates a clear bullish trend, with GMT maintaining higher highs and higher lows. The next resistance is likely near $0.2200-$0.2250, while the immediate support is around $0.2000-$0.1950. If the bullish trend continues, a potential target above $0.2400 could be on the horizon.
Traders are advised to secure partial profits at key resistance zones and trail stop-losses below $0.1950 to minimize risks. Keep an eye on volume for further confirmation of the trend’s strength. This momentum could attract additional buying interest in the short term.
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