$GMT USDT – STRONG REBOUND FROM 99 MA, BULLS BACK IN CONTROL
REJECTION FROM 0.0506 SUPPORT
ALL MA LEVELS RECLAIMED IN FAST BOUNCE
$GMT USDT has shown a sharp recovery from the intraday low of 0.0506, bouncing off the 99 MA (purple) with conviction. The price is now trading above all three key moving averages – 7 EMA, 25 MA, and 99 MA – confirming short-term strength and a potential continuation toward recent highs.
Trade Setup:
Entry: 0.0511–0.0513
Stop Loss: Below 0.0504
Target 1: 0.0518
Target 2: 0.0525
A clean structure break and moving average flip support a bullish outlook. If volume continues rising, a breakout above 0.0518 may trigger further upside.
Risk Tip: Risk only 1–2% of capital. Invalidate setup on break below 99 MA.