$GMT - Potential Breakout Ahead?
$GMT is showing signs of accumulation after reaching a 24-hour high of $0.2479, currently consolidating at $0.2118 with a 4.96% increase over the past day. Despite the minor pullback, the overall trend suggests a bullish setup.
Key Levels to Watch:
Resistance: $0.2200 and $0.2400
Support Zone: $0.2000
Breakout Target: $0.2600
Observation:
With strong volume backing the recent moves, $GMT may be gearing up for its next leg higher. Watch for confirmation of a breakout above $0.2200. Consider risk management with stop-loss placements near $0.2000.