🚨 Big Move Alert: $GMT Liquidation! 🚨

Short liquidation worth $23,139 just triggered at $0.22915! This signals intense market activity and could lead to a big price shift. Let’s dive into what might happen next and how you can plan your trade.

📊 What Does This Mean?

Short liquidations occur when sellers are forced to close their positions due to rising prices. This often creates bullish momentum, and we could see:

A strong uptrend continuation if buyers dominate.

A potential pullback if the rally was too fast.

Trading Strategy for $GMT

Buy Zone:

$0.220 - $0.230

(Wait for a dip into this range before entering to ensure a good position.)

Target Levels:

Target 1: $0.250

Target 2: $0.270

Target 3: $0.300

Stop Loss:

Set at $0.215 to minimize risk in case of unexpected market drops.

⚠️ Key Insights & Risk Management

1. Volume Confirmation: Wait for strong buying volume above $0.230 for confirmation of momentum.

2. Risk Allocation: Use only 1-2% of your portfolio on this trade to protect capital.

3. Stay Updated: Monitor overall crypto market trends and news that may impact $GMT.

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What’s Next?

If buyers maintain pressure and push $GMT above $0.230, we could see a sustained bullish rally. However, keep an eye out for resistance levels near $0.250. Patience and discipline are key—don’t chase the price!

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