🚀 $GTC /USDT Technical Analysis – Is a Bounce Coming

GTC/USDT is currently trading at $1.018, showing a decline of -11.09% in the past 24 hours. With a 24-hour high of $1.191 and a low of $0.988, the price movement indicates high volatility. Here’s a detailed outlook:

Key Levels to Watch:

1️⃣ Immediate Resistance - $1.10

This level aligns with recent price rejections. A break above could signal a short-term bullish reversal.

2️⃣ Major Resistance - $1.20

A critical level where sellers have dominated before. Breaking this level with strong volume could lead to significant upward momentum.

3️⃣ Support Zone - $0.98

If the price revisits this area, it might offer a strong buying opportunity as it aligns with the daily low.

Current Outlook:

Indicators: RSI is nearing oversold territory, suggesting a potential rebound.

Trend: A consolidation phase is forming, indicating preparation for the next breakout.

Trading Strategy:

Bullish Scenario: If GTC breaks $1.10, expect targets of $1.15 and $1.20.

Bearish Scenario: If $0.98 fails, the next support could be $0.92.

💡 Community Insight: With high trading volume (6.93M GTC in 24h), the token is attracting significant attention. Stay alert for sudden moves!

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