$GMT /USDT Trading Signal – Downtrend Alert
Entry Zone (Short): $0.1800 - $0.1850
Targets: $0.1750 / $0.1700 / $0.1650
Stop Loss: Above $0.1900
Market Insights: GMT/USDT has faced a significant sell-off, dropping by 22.16% in the past 24 hours. The price is consolidating near the $0.1750 support zone, signaling potential continuation of the downtrend. Watch for rejection around the $0.1850 resistance level to confirm further downside movement.
Next Move: Short positions are favored if $0.1850 holds as resistance. Look for increased selling pressure to validate bearish continuation.