📊 Swing Trade Signal – $GMT /USDT
💵 Current Price: ~$0.04177
🔎 Reasoning:
On the Daily Chart, GMT/USDT is developing a Double Bottom around $0.041. This pattern usually signals a bullish reversal if neckline breaks. With SL at $0.039, we allow room for volatility while targeting bigger upside levels.
🎯 Trade Setup (LONG)
➡️ Entry Zones:
Aggressive: $0.0420 – $0.0422
Confirmation: Breakout above $0.0425
🛑 Stop-Loss: $0.0390 (below structure support)
✅ Swing Targets:
TP1: $0.0450 (minor resistance)
TP2: $0.0485 (swing resistance)
TP3: $0.0520 (measured move of double bottom)
⚖️ Risk/Reward (from $0.0422):
To TP1 ≈ 1.2R
To TP2 ≈ 2.1R
To TP3 ≈ 3.5R
📌 Management:
Once TP1 hits, move SL to breakeven.
Scale out partial profits at TP1 & TP2, hold rest for TP3.
If daily closes below $0.039, setup invalid.
✨ Summary:
GMT/USDT is showing a Daily Double Bottom with clear upside potential. With SL $0.039 and swing targets up to $0.0520, this trade offers a structured long setup with strong R:R. 🚀
