📈 $GTC Eyes Breakout Above $0.55
$GTC has shown impressive momentum over the past 24 hours, rallying from $0.30 to a high of $0.54 in a 1H candle, a 68% surge — before a healthy pullback. The price is now consolidating just below its key resistance zone at $0.54–$0.55, with 24h trading volume at $62M, signaling strong market participation.
🔍 Technical Outlook:
• Resistance: $0.54–$0.55
• Support: $0.48
• Trend: Strong bullish structure with higher highs and higher lows.
• Volume: Sustained high volume confirms buyers’ interest and potential continuation.
🎯 Trade Setup:
If $GTC breaks and closes above $0.55 with solid volume, it could trigger a breakout trade.
• Long Entry: Above $0.55
• Targets: $0.62 → $0.70
• Stop Loss: $0.49 (below recent support)
With momentum still favoring the bulls, this zone is worth watching closely, a confirmed breakout could open the door for another strong leg up.
