$GMT just had a sharp pump in the last 24h:
What happened
Price jumped 25.7% in 24h to $0.01321 100d
24h range: $0.01003 → $0.01457 100d
This breaks it out of the $0.0106 level it was stuck at earlier this week
Why it pumped
The pump aligns with a breakout from a multi-week descending channel. Similar moves in Jan 2026 saw 40%+ weekly gains when volume spiked and shorts got liquidated. Current RSI is 38.7 - neutral, not overbought yet.
Updated entry & sell zones after the pump
Short-term - 1 to 2 weeks
Entry zone: $0.0120–$0.0125. That’s the old resistance that just flipped to support. If this holds, it’s the safer re-entry.
Sell zone 1: $0.0145–$0.0150. This is the upper wick from today and the 20-day MA area. f3e1
Sell zone 2: $0.0180–$0.0200. A daily close above $0.018 would confirm a trend reversal per the channel structure.
If momentum continues
Next resistance: $0.0226. That was the peak in the last breakout in Jan. a4dd
Invalidation level: $0.0109. A drop back below here would likely send it retesting $0.0098–$0.0103 support.
2026 outlook updated for the move
Most models were bearish before this pump:
CoinCodex: $0.0122 end of 2026 f3e1
MEXC: $0.0106 for 2026 378f
CoinCheckup: $0.0110 avg for Dec 2026 b831
