💥
$GMT Rockets with a 24.90% Surge!🔥
⚡The current price is $0.0637 USDT, reflecting a 24.90% increase in the last 24 hours.
The price has fluctuated between a 24-hour high of $0.0655 USDT and a 24-hour low of $0.0506 USDT.
⚡Resistance Zone:
The price is facing resistance near $0.0655 USDT, which is the highest point in the last 24 hours. Sellers are active at this level, causing a pullback.
⚡Support Zone:
The support level is around 0.0506 USDT, which is the lowest point in the last 24 hours. Buyers might step in at this level to stabilize the price.
⚡Volume Insight:
The 24-hour trading volume for GMT is 1.02 billion, and for USDT, it is 59.74 million, showing strong market activity.
⚡Indicators Overview:
The chart includes technical indicators like Moving Averages (MA), Exponential Moving Averages (EMA), Bollinger Bands (BOLL), SAR (Stop and Reverse), MACD, RSI, and KDJ.
These indicators suggest bullish momentum, with the price following an upward trend.
⚡Trade Setup Possibilities:
Breakout Trade (Bullish Bias):
👉Entry (Buy): Above $0.0660 USDT after a confirmed breakout with strong volume.
💢Stop Loss: Below $0.0650 USDT.
👇Take Profit Targets:
🎯TP1: $0.0680 USDT
🎯TP2: $0.0700 USDT (if momentum continues).
Rejection Trade (Bearish Bias):
👉Entry (Sell): If the price gets rejected near $0.0655 USDT.
💢Stop Loss: Above $0.0660 USDT.
👇Take Profit Targets:
🎯TP1: $0.0600 USDT
🎯TP2: $0.0580 USDT (closer to support levels).
⚡GMT/USDT is showing strong bullish momentum but is currently facing resistance at $0.0655 USDT. A breakout above this level could lead to further gains, while rejection might trigger a pullback. Watching for volume confirmation is crucial to decide the next move.
Disclaimer:
#DYOR* Buy Or Trade With Me On
$GMT #TrumpVsPowell #BinanceAlphaAlert #BinanceLeadsQ1 #gmt