$GTC Sharp Rally Faces Resistance, Short Setup in Play....

$GTC has surged +48.87% in the last 24 hours, reaching a high of $0.546 before facing selling pressure and pulling back to $0.463. The aggressive spike suggests overextension, and the current price action shows signs of momentum cooling, with sellers stepping in around the $0.50 zone. 64.62% of the order flow remains buy-side, but decreasing volume at higher levels may open the door for a short-term correction.

Short Entry Zone: $0.465 – $0.475

Stop Loss: Above $0.490

Targets:

TP1: $0.450 (minor support)

TP2: $0.432

TP3: $0.410 if downside momentum accelerates

Trade Outlook:

After a vertical move, prices often retrace to absorb profit-taking. Failure to reclaim $0.490 could strengthen the case for further pullback, with $0.432 as a key support watch.