$GTC Short Position Strategy Planning

Current price 0.438 to open position, stop loss 0.48, take profit 0.39 - 0.36 - 0.32

From the 4-hour candlestick chart, $GTC shows signs of a top divergence. When the price rises, the MACD indicator does not move up in sync, indicating that the upward momentum is weakening, and a reversal to the downside is likely to follow. Based on this, we layout short positions to capitalize on the trend pullback.