$GTC — BEARISH BREAKDOWN PRESSURE BUILDING
GTC is struggling to hold above key short-term supports, with sellers pressing the price down after repeated failed attempts to reclaim the $0.39–$0.40 zone. The break below $0.355 has opened the door for further downside if momentum remains weak, and buyers will need to step in aggressively to avoid a deeper slide.
Trade Setup (Short Bias)
Entry Zone: $0.354 – $0.358
Take Profit 1: $0.345
Take Profit 2: $0.337
Stop Loss: $0.364
Market Outlook:
Momentum is currently bearish with lower highs forming on intraday charts and volume favoring sellers. If $0.347 is breached with strength, we could see a quick move toward $0.33. Only a breakout above $0.365 would invalidate the short-term bearish outlook.
