$GMT is currently trading between the Bollinger Bands, showing a slight upward movement of 1.613% over the past 24 hours.
The price is near the upper band at 0.04407, suggesting potential overextension and a correction may follow.
Key support lies at 0.0424, while resistance is set at 0.0444; traders should observe these levels closely.
Volatility appears to be contracting, indicating a potential price squeeze, which could lead to a sharp movement soon.
For risk management, consider placing a stop-loss just below the support level.
Recommended action: wait for clearer breakout signals or set alerts for key price levels.
