a technical snapshot and brief analysis for $GTC /USDT (Gitcoin):

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๐Ÿ“‰ GTC/USDT โ€” $0.201 (-10.27%)

Category: Infrastructure

Trend Bias: Bearish short-term, testing key support

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๐Ÿ“Š 24h Market Stats

Metric Value

Current Price $0.201

24h Change -10.27% ๐Ÿ”ป

24h High $0.224

24h Low $0.200

24h Volume (GTC) 1.56M

24h Volume (USDT) $331,451.39

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๐Ÿ“˜ Order Book Depth

Resistance Levels Support Levels

$0.210 โ€“ 0.217 $0.200 โ€“ 0.199

Mid-pivot: $0.201 (current market price)

๐Ÿ’ก Price is sitting just above the dayโ€™s low โ€“ indicating potential breakdown risk.

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๐Ÿ”„ Volume & Moving Averages

Indicator Value

Volume 30,634.9

MA(5) 22,783.5

MA(10) 27,601.9

โœ… Current volume is higher than both MAs โ†’ some selling pressure, but active participation.

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๐Ÿ“Œ Key Technical Notes

Support zone: $0.200 โ€“ 0.195 โ†’ Critical short-term floor.

Resistance: $0.210 โ€“ 0.217

Structure: Price in a strong pullback, could be forming a descending channel or wedge.

Trend: Below both short-term MAs โ†’ bearish pressure confirmed.

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๐Ÿ” Potential Trade Setups

Strategy Entry Area Stop-Loss Target Range

Bounce Play $0.195 โ€“ 0.200 < $0.194 $0.210 โ€“ 0.217

Breakout Long > $0.224 < $0.217 $0.235 โ€“ 0.245

Fade Rebound $0.210 โ€“ 0.216 > $0.218 $0.201 โ€“ 0.195

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โš ๏ธ Final Thoughts

Critical level: $0.200 โ€” if broken with volume, could test deeper support at ~$0.188โ€“0.190.

Risk zone: Highly reactive โ€” wait for confirmation before entry.

Short-term trend is bearish, but price is nearing oversold zones.

Would you like a visual support/resistance chart or this compared to other infra tokens like DATA or UMA?

#GTC #GTC/USDT #IsraelIranConflict #MarketPullback #Write2Earn