šŸ“Š $GMT (Green Metaverse Token) Technical Analysis - Dec 19, 2024

šŸš€ Price: $0.1521 (-9.21%)

šŸ“‰ Support Levels: $0.1430 | $0.1300

šŸ“ˆ Resistance Levels: $0.1680 | $0.1900

Key Indicators:

RSI (Relative Strength Index): 42 (Oversold Zone Approaching)

Moving Averages:

50 EMA: $0.160 (Bearish Crossover)

200 EMA: $0.180 (Long-Term Resistance)

Volume: $98M (High selling pressure)

Market Sentiment:

Bearish in the short term as GMT continues to test support at $0.143. A strong rebound could push it toward the $0.168 resistance. Watch for a breakout above $0.170 for potential bullish momentum.

Next Move:

šŸ“Œ Close watch on RSI for a reversal signal.

šŸ“Œ BTC correlation suggests broader market recovery may influence GMT.

šŸ’” DYOR (Do Your Own Research) before investing.

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