GMT has been in a prolonged downtrend since the early 2026 highs. Key horizontal level around 0.01325 – 0.01341 is S/R level.Price is currently testing this level after a volatile move. A decisive close above 0.01341 could signal bullish reversal, while a breakdown below ~0.0127-0.0130 risks retesting lower supports (~0.0105–0.011).
🔸4H Timeframe:
Price is hitting the compressed monthly VP’s SD+1 and SD+2. There’s a clear bounce from lower bands with strong green candles on the latest 4H, indicating short-term buying pressure. Yellow line (Yearly VP) is overhead around 0.0157, which is major resistance.