📊 $GMT /USDT — RETESTING SUPPORT AFTER REJECTION FROM LOCAL HIGH 📉

After a strong upward move from the $0.0463 low, $GMT peaked at $0.0566 but faced resistance near that level. Price is now correcting and testing the MA99 ($0.0524) support on the 4H chart. It’s trading just above the 25MA and 99MA — a critical demand zone. Holding this area could open doors for a bounce, but a breakdown here may lead to deeper pullbacks.

🔮 Forecast:

If $GMT holds above the $0.0524 level, bulls may attempt another push toward $0.0558–$0.0566. However, if price closes below $0.0520, expect bearish momentum toward the $0.0500 and $0.0480 zones.

📈 Trading Guide (Swing Setup)

• Long Entry: $0.0523 – $0.0526 (only if support holds)

• Take Profit 1: $0.0542

• Take Profit 2: $0.0558

• Take Profit 3: $0.0566

• Stop Loss: $0.0512

If $0.0520 breaks, prepare for a shift to a short bias. Watch for volume confirmation on both directions.

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