$GMT /USDT Trade Setup

Market Insight

$GMT is showing bullish momentum with a +10.66% 24h gain. The price recently pushed through the middle Bollinger Band (MB: 0.0489) and is approaching the upper band (UP: 0.0526), signaling short-term strength. Volume is decent, and price action indicates an attempted breakout.

Entry

Buy Zone: $0.0500 – $0.0515

(Ideally on a small dip toward support or during consolidation below resistance.)

Targets

🎯 Target 1: $0.0535

🎯 Target 2: $0.0558

🎯 Target 3: $0.0585

(Target 2 & 3 align with potential breakout continuation levels.)

Stop Loss

❌ Stop Loss: $0.0470

(Below MB and key previous lows. Protects against downside rejection.)

Key Levels

Support: $0.0486 / $0.0462

Resistance: $0.0526 / $0.0535 / $0.0558

Bollinger Bands:

Upper: 0.0526

Middle: 0.0489

Lower: 0.0453

Pro Tip

Watch for volume confirmation on a breakout above $0.0526. If momentum fades near that level, a fakeout is possible—manage risk tightly. If BTC remains strong, GMT could ride the wave toward $0.058+.

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