$GMT /USDT: Consolidation Before the Break – Get Ready to Act!
$GMT /USDT is currently trading at $0.1534, stabilizing after a sharp upward move from its recent low of $0.1295. The chart reveals a consolidation phase, hinting at an upcoming breakout. Resistance is close at $0.1560, while support rests firmly at $0.1510, providing a tight trading range.
Traders can consider entering at the current price, targeting incremental levels for safer profits. The take-profit targets are set at $0.1550, $0.1575, and $0.1600, with a stop-loss at $0.1500 to manage risks effectively. With RSI at 46.32, the asset has room for upward movement, but it’s crucial to monitor volume and momentum closely for confirmation of a breakout.