šØ $GTC /USDT Market Watch: Sharp Decline After Hitting Highs šØ
Key Highlights:
Current Price: $0.960 š (-14.97%)
24h High: $1.191
24h Low: $0.957
24h Trading Volume: 10.28M (GTC), 10.68M (USDT)
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Technical Overview:
The GTC/USDT pair saw a dramatic sell-off after hitting a 24-hour high of $1.191, dropping over 20% to its current levels. This sharp decline indicates significant selling pressure, breaking through key support zones. The low of $0.957 shows potential stabilization, but the trend remains bearish in the short term.
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Key Levels to Watch:
Immediate Resistance: $1.031 š
Support Zone: $0.945 - $0.957 ā
A move back above $1.031 could signal recovery, but failure to hold current levels may open doors to further downside.
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Whatās Next for Traders? š
1ļøā£ Short-Term Trend: Volatile with bearish momentum.
2ļøā£ Opportunity: Potential quick scalps for short-term traders at key support levels.
3ļøā£ Caution: Monitor market volume and sentiment closely for trend confirmation.
Stay cautious, manage your risk, and keep tight stop-losses as volatility continues.