🚨 $GTC /USDT – Massive Drop & Potential Oversold Zone 🚨
Momentum Analysis:
GTC has plunged -25.25% in the past 24 hours, falling from a 24h high of 0.546 to a low of 0.356. This steep decline has pushed it close to a potential oversold region, with heavy selling pressure dominating order books. Watch for possible dead cat bounces or sharp reversal spikes from bargain hunters.
📊 Current Price: 0.373 USDT (Rs105.67)
📈 24h High: 0.546
📉 24h Low: 0.356
📦 24h Vol (GTC): 62.32M
💵 24h Vol (USDT): 27.34M
🔍 Order Book Depth Levels:
Resistance: 0.400 – 0.453 – 0.505 – 0.558
Support: 0.373 – 0.348 – 0.295
📌 Long Setup (Aggressive Reversal Play)
Entry Zone: 0.355 – 0.375
T1: 0.400
T2: 0.453
T3: 0.505
Stop Loss: 0.295 (close below)
✅ Breakout Confirmation: Above 0.400 with strong volume & RSI recovery
🛡️ Key Support: 0.356 – 0.348 zone
💡 Pro Tip: GTC is highly volatile right now — use tight risk management and avoid chasing green candles after large spikes. Volume trends will dictate the next direction.