$GMT /USDT – Bearish Reversal Setting In? 🔻🚨
Current Price: $0.0584
After testing resistance near $0.0595, $GMT is now showing a clear rejection and short-term bearish momentum on the 30m chart.
Short Trade Setup:
Entry Zone: $0.0583 – $0.0587
TP1: $0.0572
TP2: $0.0560
TP3: $0.0548
Stop Loss: $0.0602
Market Insight:
Reversal candle formed at recent peak
Weak volume on the push up, followed by stronger sell pressure
Minor lower high structure developing
Pro Tip: Break of $0.0580 confirms weakness. Ideal for scalpers looking for a quick move before a possible bounce.
Short smart. Lock partials early. No emotion – just levels!
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