$GTC /USDT Weekly Technical Summary
Resistance Levels:
$0.50 – Psychological barrier and previous local peak
$0.85 – 99-week moving average, critical breakout point
$1.20 – Major resistance zone from May 2024
Support Levels:
$0.29 – 25-week MA; must hold to preserve bullish structure
$0.24 – Accumulation zone base; key stop-loss level
Risk & Momentum Assessment:
Volume remains subdued; breakout confirmation requires higher volume.
Positive altcoin momentum combined with stable or declining Bitcoin dominance could trigger a short-term rally in GTC.
Caution advised:
Price may still establish lower lows, reinforcing the need for disciplined risk management.
Summary:
GTC appears to be in a quiet accumulation phase, potentially setting up for significant moves ahead once volume and momentum align.
