$GMT /USDT – BEARISH SLIDE PERSISTS AS SUPPORT GETS TESTED

$GMT is currently trading at $0.0569, down -5.32% on the day. The price slipped to a daily low of $0.0561, hinting at ongoing bearish pressure despite short-lived recovery attempts.

24H Overview:

• High: $0.0611

• Low: $0.0561

• Volume (GMT): 183.27M

• Volume (USDT): 10.82M

Technical Insight:

The chart shows a consistent lower-high and lower-low pattern on the 15m timeframe. After hitting the bottom at $0.0561, a mild bounce occurred, but the sellers quickly regained control. The resistance zone around $0.0580–$0.0596 remains unbroken.

Trade Setup:

• Entry Zone: $0.0572 – $0.0565

• Target 1: $0.0555

• Target 2: $0.0542

• Final Target: $0.0520

• Stop Loss: $0.0583

Pro Tip: Look for a confirmed close below $0.0560 to validate the next leg down. Short-term traders should use tight SLs due to volatility.

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