$GMT /USDT Retracement Alert: Looking for a Bounce? 馃殌
GMT is trading at $0.2133, up 7.78% for the day but retracing sharply after reaching a daily high of $0.2479. The price is testing a support zone, creating a potential rebound opportunity if buyers step in.
Trade Setup:
Entry Zone: $0.2120 - $0.2150
Target 1: $0.2200 (short-term recovery)
Target 2: $0.2300 (retracement zone)
Stop Loss: $0.2080 (below support)
Monitor for volume increases near $0.2130 for signs of a reversal. Tight risk management is essential as the recent pullback could result in volatile price action. Stay prepared for rapid movements!