$GTC showing aggressive expansion after breaking out of the tight base, and despite the sharp rejection wick, buyers stepped back in quickly instead of letting price collapse.
$GTC Trading Plan (Long)🔥💯
Entry: $0.1010 & $0.1040
SL: $0.0970
TP: $0.1080, $0.1120, $0.1180
The move started with compression and low volatility, then momentum exploded upward in a single impulse candle. Even after the fast rejection from the local high, price stabilized above the breakout area instead of fully retracing, which keeps the bullish structure intact for now.
Current action still favors continuation as long as higher lows keep forming around the psychological 0.100 zone. Buyers are absorbing dips fast and the recovery candles look stronger than the selloff candles.
No need to chase the spike — better to let price keep rotating near the entry zone and wait for confirmation before adding size.
If $GTC loses 0.0970 and starts trading below it consistently, the long setup is invalidated.
