🚨 $GMT Short Liquidation Alert! 🚨

A whopping $6,839 was liquidated at $0.15651, and the bulls are beginning to take control! With shorts being squeezed out, could $GMT be ready for a breakout? Let’s dive into the details and get your strategy ready.

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🔥 What’s Happening with $GMT?

Market Impact: The short liquidation shows that bearish sentiment is weakening, and buying pressure is starting to increase. $GMT could be on the verge of a rally if the bulls continue to dominate.

Current Price Action: GMT is holding strong near $0.156, a critical level that will determine if the price continues its upward movement or faces resistance.

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🔍 Key Levels to Watch

Buy Zone: $0.155 - $0.160

This is a key support range. If GMT holds these levels and shows signs of bullish momentum, it could be a great area to enter.

Target Levels:

Short-Term: $0.170 (immediate resistance)

Mid-Term: $0.180 (key breakout level)

Long-Term: $0.200 (if bullish momentum continues)

Stop Loss: $0.145

Place your stop-loss below the support zone to limit potential losses in case of a downside move.

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📈 Strategy Overview

1. Entry Plan: Look to buy within the $0.155-$0.160 range if GMT shows strength and buying volume increases.

2. Breakout Watch: A push above $0.170 could signal a continuation toward $0.180 and potentially $0.200.

3. Risk Management: Use a stop-loss at $0.145 to protect your position from any unexpected downturns.

Short liquidations often mark the start of a new trend. Always confirm the trend with volume and other indicators before making a trade.

This is not financial advice. Always do your own research and trade responsibly.

How are you planning to trade $GMT? Are you jumping in now, or waiting for more confirmation? Let us know your strategy! 🚀

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