📊 $GMT USDT (STEPN) — 1D Analysis
🔷 Pattern: Ascending Channel — Upper Band Rejection, Back To Lower Support
After bottoming near $0.009 and building a clean ascending channel structure, GMT rallied into the upper resistance band around $0.0134–$0.0140 before facing a sharp rejection.
The latest downside move is now pushing price back toward the lower channel support zone near $0.0112–$0.0118 — an area that has repeatedly provided bounce opportunities throughout the broader recovery trend.
The next reaction at support will likely determine whether the bullish channel structure remains intact or begins weakening.
📍 Key Levels:
🟢 Channel Support Zone: ~$0.0112 – $0.0118
🔴 Channel Resistance Zone: ~$0.0134 – $0.0140
🎯 Breakout Target: $0.0155 – $0.0180
❌ Invalidation: Daily close below $0.0105
Despite the recent rejection from resistance, the broader ascending channel structure still remains active as long as the lower trendline continues holding.
👉 Lower channel retest + trend support defense = continuation watch
If buyers successfully defend the support zone again, upside continuation back toward the upper resistance band — and potentially the breakout targets above — remains possible.
Trade $GMT Here 👇📈
