$GMT USDT – CONSOLIDATION BREAKOUT, EYEING NEW SHORT-TERM HIGH
STRONG REBOUND FROM $0.0506 BASE
CANDLES HOLDING ABOVE ALL MA LEVELS
$GMT USDT is showing renewed momentum after bouncing from the $0.0506 support zone. Price has reclaimed all major moving averages and is approaching the recent resistance at $0.0533. The bullish engulfing candle on the 1H confirms strength building.
Trade Setup (Long):
Entry: $0.0520–$0.0525
Stop Loss: Below $0.0508
Target 1: $0.0533
Target 2: $0.0545
Watch for a clean 1H close above $0.0533 for a potential breakout continuation. Momentum favors buyers.
