$GTC /USDT — SELL-OFF PRESSURE STILL LOOMING, BEARS IN CONTROL
GTC has dropped over 17% in the last 24 hours, slipping from highs of $0.546 to test the $0.375 support zone. The recent small bounce is struggling to gain momentum, indicating that sellers still dominate. Any relief rally could face resistance near $0.400–$0.420 before further downside continuation.
Trade Setup (Short):
Entry Zone: $0.395 – $0.405
Take Profit 1: $0.380
Take Profit 2: $0.365
Stop Loss: $0.418
Market Outlook:
Momentum remains bearish with lower highs and lows forming on the 15m chart. If $0.375 breaks decisively, expect a sharper decline toward the $0.350 psychological level. Bulls need a strong close above $0.420 to regain short-term control.
