🚨 $GMT /USDT ALERT: REVERSAL IN PLAY OR SETTING UP FOR A NEW HIGH? 🚨
GMT/USDT is trading at $0.1990, showing a modest gain of 1.69% over the past 24 hours. After hitting a high of $0.2479 and a low of $0.1915, the pair is experiencing a pullback but remains in a volatile setup.
Key Levels to Watch:
Resistance Levels (Upward Targets):
1. $0.2100 – Reclaiming this level could indicate renewed bullish momentum.
2. $0.2479 – Breaking above this high may lead to fresh buying interest.
3. $0.2530 – A potential target for the next leg up.
Support Levels:
$0.1915 – Immediate support to prevent deeper retracement.
$0.1660 – A critical zone to maintain broader trend stability.
Market Insight:
With a trading volume of 982.75M GMT, the market is heating up. While the pullback may indicate profit-taking, sustained momentum above key levels could set the stage for another rally.
Keep a close eye on these levels for potential breakouts or further corrections.
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