$GMT
Support and Resistance Levels
1. Resistance Levels:
Immediate: $0.1835 (near MA(7))
Secondary: $0.2100 (psychological resistance)
Key: $0.2125 (24h high)
2. Support Levels:
Immediate: $0.1753 (near MA(25))
Secondary: $0.1650 (near MA(99))
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Recommendations
For Buyers
Look for entries near $0.1753 if the price consolidates and shows signs of reversal.
Alternatively, wait for a confirmed breakout above $0.1835 for a potential upward move toward $0.2100.
For Sellers
Monitor resistance at $0.1835 and $0.2100 for profit-taking opportunities.
Consider stop-loss strategies if the price drops below $0.1753.