$GMT /USDT TECHNICAL ANALYSIS
SHORT TRADE SIGNAL 🔴
The GMT/USDT pair is currently exhibiting significant bearish momentum, with a recent price decline of over 6%. Technical indicators show the price is hovering at the lower boundary of the Bollinger Bands, indicating extreme selling pressure. The RSI(10) has dipped into the oversold territory at 27.18, while the MACD remains in a negative zone with no immediate signs of a bullish crossover, confirming a heavy downward trend. Additionally, critical support at $0.01606 has been breached, shifting the technical bias further toward the bears.
Trade Setup
Entry Point: $0.01514 – $0.01574 (Current price or retest of the middle Bollinger Band resistance)
Stop Loss: $0.01610 (Above the breached support level)
Take Profit 1: $0.01475 (Recent 7-day low)
Take Profit 2: $0.01420 (Falling wedge support target)
Take Profit 3: $0.01320 (Historical all-time low)
Margin: 2-3% of wallet
Leverage: 10x
Short Outlook of Market
The broader cryptocurrency market as of January 10, 2026, is showing signs of caution with a global market cap decline of approximately 2.47% in recent sessions. Bitcoin is consolidating between $89,000 and $92,000, while major altcoins like Ethereum and BNB are trading mixed to lower. For GMT specifically, liquidity constraints on major exchanges and scheduled token unlocks are adding extra sell-side pressure, making it highly sensitive to downward volatility.
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