$GMT T Takes a Sudden Plunge – Opportunity or Further Drop?
#GMTUSDT experienced a sharp rejection from $0.0567, crashing to a low of $0.0481 before stabilizing around $0.0524. This sudden drop signals a possible liquidation shakeout, but whether it's a buying opportunity or a continuation of the downtrend depends on the next price action.
Key Levels to Watch:
Support: $0.0500 – Holding this level could lead to a bounce.
Resistance: $0.0540 – A break above this could signal recovery.
Traders should watch volume closely—if buyers step in, a reversal could be in play, but failing to reclaim lost ground could lead to further downside. Stay sharp.
Buy and trade here on $GMT