$GMT /USDT Trade Setup (Momentum: Recovering Bullish) 🔄📈

Current Price: 0.0593 USDT

Timeframe: 1H ⏰

Sentiment: Bullish Recovery in Progress ✅

GMT has shown a 3.49% gain, recovering from a recent low of 0.0487. Strong volume (1.16B GMT) and a bounce from support sugget potential upside if key resistance levels break.

Long (Buy) Setup 🟢

Trigger:

Price closes above 0.0605 on the 1H timeframe with volume.

Entry Zone: 0.0605 – 0.0615

Stop Loss: 0.0565 ❌

Targets:

TP1: 0.0628 🎯 (Recent High)

TP2: 0.0650 🎯

TP3: 0.0680 🎯

Sentiment: Bearish Below Support ⚠️

If GMT breaks below the 0.0540 zone, it may revisit the 0.0500 or even lower areas. A rejection at resistance without strong volume could also turn momentum bearish.

Short (Sell) Setup 🔴

Trigger:

Price breaks below 0.0540 support.

Entry Zone: 0.0535 – 0.0520

Stop Loss: 0.0565 ❌

Targets:

TP1: 0.0505 🎯

TP2: 0.0480 🎯

TP3: 0.0450 🎯

$GMT 👇

My Opinion 💬

GMT is bouncing back with good volume, and if the price holds above 0.0600, we might see a push toward 0.065+. However, be cautious of false breakouts — strong confirmation is key. A breakdown below 0.054 could invite bears back in.

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