$GMT
– LOSING STEAM OR GEARING UP FOR A REVERSAL?
$GMT is currently trading at 0.0411 (-2.84%), sliding back after touching the intraday high of 0.0430. Buyers are struggling to defend the 0.0410–0.0409 support zone, and a decisive breakdown could drag price toward the 0.0404 low. On the flip side, holding this key support may spark a short-term rebound if volume steps in.
📉 Bearish Setup:
Entry: 0.0412 – 0.0415
Target: 0.0406 / 0.0404
Stop Loss: 0.0422
If bulls fail to regain momentum above 0.0420, weakness may persist. Watch closely — this zone decides whether $GMT holds ground or slips lower.