๐Ÿ“Š $GMT /USDT 15m/30m Spot Long Strategy

๐Ÿ” Market Overview

Current Price: ~$0.0586

24H Range: $0.0578 โ€“ $0.0612

Trend: Short-term bullish momentum after breakout from consolidation

Key Support: $0.0570 (recent low), $0.0550 (historical support)

Key Resistance: $0.0600 (recent high), $0.0620 (next major zone)

๐Ÿ“Œ GMT has broken out of a consolidation phase, showing bullish momentum. Sustained trading above $0.0580 could lead to further upside.

๐ŸŸข Entry Option 1: Breakout Trade

๐Ÿ”“ Zone: $0.0585โ€“$0.0595

๐Ÿ”“ Confirmation:

โ†’ 15m/30m candle closes above $0.0585 with strong volume

โ†’ MACD bullish crossover

โ†’ RSI above 60

๐ŸŸข Entry Option 2: Pullback Trade

๐Ÿ” Zone: $0.0570โ€“$0.0575

๐Ÿ” Confirmation:

โ†’ Bullish reversal pattern (hammer, engulfing)

โ†’ RSI holding above 50

โ†’ Volume uptick near support zone

๐ŸŽฏ Targets

TP1: $0.0600

TP2: $0.0615

TP3: $0.0635

๐Ÿ›‘ Stop-Loss

Breakout SL: Below $0.0575

Pullback SL: Below $0.0560

โš ๏ธ Risk Management Tips

โ†’ Risk 1โ€“2% of capital per trade

โ†’ Use 2:1 reward-to-risk ratio minimum

โ†’ Move SL to breakeven after TP1

โ†’ Monitor BTC/ETH momentum for correlation signals

๐Ÿ‘‰ DYOR โ€” Always conduct your own research and consider market conditions before making trading decisions.

Buy and Trade here on $GMT