$GTC /USDT – MASSIVE BULLISH SURGE, BUT VOLATILITY AHEAD
$GTC exploded over 38% in 24h, reaching as high as 0.546 before pulling back to 0.432. This rally was fueled by high volume (95M GTC traded) and aggressive buying pressure, but signs of exhaustion are emerging near the recent peak. If buyers defend the 0.40–0.42 zone, another push toward the highs is possible — failure could lead to a sharper correction.
Trade Setup (Short-Term Swing)
Entry Zone: $0.420 – $0.435
Take Profit 1: $0.505
Take Profit 2: $0.546
Stop Loss: $0.398
Market Outlook:
Momentum is still bullish, but the gap between short-term EMAs and price suggests overextension. Watch for either a consolidation to reset indicators or a quick breakout above 0.55 to target 0.60+. A drop under 0.40 would signal weakness and could drag price toward 0.35.