$GMT /USDT chart on the 5-minute timeframe shows a strong uptrend, but it's currently pulling back after reaching 0.0700. The blue pattern suggests a possible bullish retracement before a continuation.
Trade Signal for GMT/USDT:
📶 Long (Buy) Setup:
Entry: 0.06950 - 0.06980 (If price bounces from support)
Take Profit (TP): 0.07150 - 0.07200
Stop Loss (SL): 0.06880
📉 Short (Sell - If Breakdown Happens):
Entry: 0.06940 (If price fails to hold support)
Take Profit (TP): 0.06820 - 0.06750
Stop Loss (SL): 0.06980
Market Outlook:
If price respects the pullback zone, it could continue the uptrend towards 0.071+.
If support breaks, a short-term correction may occur before the next move.