$GTC pulling back — but here’s what the chart’s really showing.
After tapping $0.347 in late July,
#GTC has pulled back to $0.268 — now trading below all key moving averages (7, 25, and 99 MA).
📉 Momentum is clearly cooling off short-term.
But zoom out, and the setup still holds structure.
Here’s the breakdown:
🔻 Price lost the 99 MA ($0.279) — acting as resistance for now
🟡 Volume dropping = no major panic selling, just steady correction
🟢 Strong move from $0.202 to $0.347 already banked by early buyers
📍 Next demand zone sits around $0.25–$0.259 — watch that area
This isn’t the time to chase or fade — it’s the zone to wait for confirmation.
If bulls step in soon and reclaim the 99 MA, the structure can reset.
If not, deeper support retests could offer better long setups.
Patience beats emotion. Especially in post-pump consolidations like this.
#TrumpTariffs #MarketPullback #FOMCMeeting #SECProjectCrypto $BTC