$GMT has seen a price change of -3.288% in the last 24 hours, with a high of 0.0526 and a low of 0.0495.

Currently, the price is testing the lower Bollinger Band at 0.0497, indicating potential oversold conditions.

However, if it breaks below 0.0495, further downside may occur.

Volatility appears to be contracting, suggesting a potential shift in momentum.

Implement a stop-loss slightly below 0.0495 to manage risks effectively.

Traders should consider waiting for a confirmed reversal before entering a position.