$GMT is currently trading in a narrow range, indicating indecision in the market. The price has been fluctuating between $0.0570 and $0.0572, with low volume and sideways movement, suggesting that a breakout could be on the horizon. If GMT manages to push above the $0.0572 resistance level with volume confirmation, it could create a solid long trade opportunity, targeting the next resistance zone near $0.0577. However, if GMT loses strength and breaks below the $0.0572 support, it may signal a shift towards bearish momentum, making it a better setup for a short trade in the short term. Indicators like RSI are slightly leaning towards the oversold zone, which could hint at a possible bounce, but there’s no strong confirmation yet. For beginners, it’s wise to stay cautious and wait for a clean breakout or breakdown before entering. Always keep risk management in check and avoid emotional trades. GMT is in a tight spot, and whichever side it breaks, it may move fast.
Buy and Trade here $GMT
