$GMT is currently trading at 0.0496 USDT, hovering near its resistance level of 0.05 USDT.

With a support level at 0.0481 USDT, the market structure appears to be ranging.

Given the RSI at 50.96, a breakout strategy may be optimal if the price shifts above resistance.

However, traders should remain cautious, as fluctuations in Bitcoin's price and macroeconomic events could impact GMT's direction.

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