$GMT T Price Prediction and Trade Setup: Potential Bounce Ahead

{future}(GMTUSDT)

Current Price: $0.1648

24-Hour Range: $0.1642 - $0.1843

Key Levels to Watch:

- Support Level: $0.1640 (critical for a bounce or breakdown)

- Resistance Level: $0.1700 (crucial for upward momentum)

Trade Setup:

1. Long Entry: If the price exceeds $0.1700

- Target 1: $0.2250

- Target 2: $0.2800

- Stop Loss: Below $0.1650

2. Short Entry: If the price falls below $0.1640

- Target 1: $0.1600

- Target 2: $0.1550

- Stop Loss: Above $0.1675

Market Insight:

$GMT has been under consistent downward pressure, as seen in the current price trend. However, high volume suggests potential volatility. A breakout above $0.1700 or a drop below $0.1640 could indicate the next major market move.

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