$GMT /USDT – Bearish Pressure with Oversold Signals Emerging
GMT is currently trading at $0.0580, down 5.38%, with a 24h high of $0.0655 and low of $0.0562. The 24h volume stands at 416.40M GMT (~$25.17M USDT), suggesting strong sell-side activity. Price levels at $0.0580 and $0.0567 are testing short-term support, with deeper liquidity around $0.0518 and $0.0468. However, signs of possible oversold conditions on lower timeframes (15m–1h) could invite a technical rebound if buyers reclaim $0.0617. Keep an eye on resistance at $0.0655, with bullish momentum confirmed above $0.0667.
Pro Tip: Short-term traders may look for scalp opportunities near $0.0562–0.0580, but caution is advised until a clear break above $0.0617.
