Looking at the $GMT /USDT chart, it's clear that the token is still in a bearish phase, trading around $0.1429. Despite some recent attempts to rally, the price remains below key moving averages (SMA 25 and SMA 99), indicating that there's still significant resistance ahead. The short-term momentum from the SMA 7 shows some slight improvement, but overall, the token lacks the volume and conviction to break out of its downtrend.

Unless we see a strong increase in volume or bullish news, GMT is likely to continue facing downward pressure. A retest of support levels near $0.1250 could be on the horizon.

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