$GTC /USDT: Pullback After Strong Upward Move
Current Price: 0.901 (+6.25%)
Spot Trading Signal
• Entry Zone: 0.895 - 0.905
• Targets:
• 0.920
• 0.940
• Stop Loss: 0.880
Market Analysis
• Support: 0.880
• Resistance: 0.920 – A successful breakout above 0.920 may lead to further upside toward 0.940.
• Volume: 37.22% Buy-side and 62.78% Sell-side, showing sellers are currently dominant.
• Trend: Pullback observed after testing higher levels near 0.920. Price needs sustained buying momentum for further continuation.
Insights
Watch for volume confirmation above 0.910 for bullish continuation. Keep a close stop loss to minimize risk and secure profits at target levels. Manage positions cautiously in this range.