๐ $GMT TRADE SETUP: TAKE PROFIT and STOP LOSS
Current price: 0.0586 USDT
Support and resistance levels:
- Support: 0.0582 (recent low)
- Resistance:
- MA(7): 0.0590
- MA(25): 0.0594
- MA(99): 0.0595
Suggested trade setup:
- Entry: 0.0585 to 0.0586 (around current price, just above support)
- Take profit:
- TP1: 0.0595 (short-term resistance)
- TP2: 0.0608 (recent high)
- Stop loss: 0.0579 (just below the 24h low)
Indicators:
- RSI at 35.78 suggests near-oversold conditions
- KDJ lines are low, hinting at a possible short-term reversal
- A spike in volume on the last candle may signal buyer interest