$GMT /USDT LONG Setup (Oversold Bounce Play)
Current Price: 0.00885
Trade Plan
Entry Zone: 0.00875 – 0.00890
Stop Loss: 0.00855 (below support breakdown zone)
Take Profits
TP1: 0.00920 (first relief bounce)
TP2: 0.00960 (intraday resistance)
TP3: 0.01020 (strong recovery level)
trade here $GMT
GMTUSDT
Διην.
0.00841
-1.52%
Why this setup
Price is near 24h low support (0.00871)
Heavy recent dump (-17%+) → possible short-term bounce reaction
Consolidation showing stabilization around current zone
High volume suggests panic selling may be slowing
Alternative Scenario (Bearish Continuation)
If price breaks below 0.00855, expect downside toward 0.00820 – 0.00790
Strategy Tip: Wait for confirmation candle reclaiming 0.00890 before adding size aggressively.