📊 $GMT /USDT Long Strategy 🚀🌿

🔍 Market Overview

• Current Price: ~$0.05375 USD

• Intraday Range: $0.05356 – $0.05752

• Trend: Short-term bullish momentum after breakout from consolidation

• Key Support: $0.0530 (recent low), $0.0515 (historical support)

• Key Resistance: $0.0567 (recent high), $0.0580 (next major zone)

📌 GMT has broken out of a consolidation phase, showing bullish momentum. Sustained trading above $0.0535 could lead to further upside.

🟢 Entry Options

Breakout Trade 🔓

→ Zone: $0.0565–$0.0575

→ Close above $0.0567 with strong volume

→ MACD bullish crossover

→ RSI above 60

 

Pullback Trade 🔁

→ Zone: $0.0530–$0.0540

→ Bullish reversal pattern (hammer, engulfing)

→ RSI holding above 50

→ Volume uptick near support zone

🎯 Targets 🎯

• TP1: $0.0580

• TP2: $0.0600

• TP3: $0.0620

🛑 Stop-Loss 🛡️

• Breakout SL: Below $0.0550

• Pullback SL: Below $0.0515

⚠️ Risk Management Tips

→ Risk only 1–2% of your total capital per trade

→ Ensure a minimum 2:1 reward-to-risk ratio before entry

→ Move stop-loss to breakeven once TP1 is hit to protect capital

→ Avoid overtrading — focus on high-quality setups

👉 DYOR — Always conduct your own research and consider market conditions before making trading decisions.

✅Buy and Trade here on $GMT