$GMT experienced a significant short liquidation of $5,268.5 at a price level of $0.15767, shaking up market sentiment.
This abrupt event highlights the intense volatility surrounding $GMT , drawing attention from traders and investors alike.
Short sellers faced a swift reversal as bullish momentum pushed prices higher, forcing liquidations in their wake.
Such movements underscore the unpredictable nature of the market, where one moment can change fortunes.
Will this surge mark the beginning of a stronger uptrend, or is it a fleeting spike before further corrections? Market participants are on edge, analyzing every indicator as the next move looms on the horizon.$GMT