⚠️ $GMT /USDT – Bearish Breakdown Loading…🚩
Current Price: $0.0457 (▼ 1.08%)
$GMT is flashing weakness after a rejection from the $0.0467 resistance zone. Lower highs are stacking up, and sellers are starting to dominate short-term momentum. Price is teetering near the breakdown level — a push below could trigger the next leg down.
📉 Technical Breakdown:
Price rejected cleanly from intraday high at $0.0467
Lower highs forming = bearish structure on 1H
Weak bullish attempts followed by selling pressure = signs of exhaustion
📌 Key Levels:
Resistance: $0.0467
Support: $0.0446 (24H low)
Breakdown Trigger: Below $0.0455
🎯 Short Trade Setup:
Entry Zone: $0.0456 – $0.0458
Targets:
• TP1: $0.0450
• TP2: $0.0447
• TP3: $0.0442
Stop Loss: $0.0468 (above rejection high)
📢 Bearish Signal Summary:
Momentum is shifting south. If price breaches $0.0455 with volume, expect acceleration toward lower support zones. Ideal for short-term scalpers and momentum traders watching for breakdown confirmation.