GMT is showing a textbook momentum continuation after spending time consolidating. The market paused, built structure, and then resolved higher with a strong impulsive move. That kind of breakout usually matters, not because of the candle itself, but because it reflects a clear shift in control from sellers to buyers.
What stands out here is how clean the transition has been. Price moved sideways long enough to absorb supply, and when it broke out, volume expanded instead of fading. That tells us participation increased on the upside, which is often what sustains continuation moves rather than turning them into quick fakeouts.
The key area now is the former consolidation zone. As long as price holds above it, the structure remains intact. In these conditions, pullbacks are less about weakness and more about giving late buyers a chance to enter. That is why working entries on dips makes more sense than chasing strength at extremes.
Upside levels are mapped progressively, focusing on nearby liquidity rather than assuming a single extended push. Momentum moves tend to pause at each resistance, so scaling expectations helps manage risk and psychology.
Invalidation is straightforward. A decisive move back below the breakout area would signal that the move failed and that buyers lost control. Until then, the market is behaving like it wants higher prices.
This is a momentum continuation setup built on structure, volume, and follow-through, not on excitement. Let price respect the breakout, manage risk, and allow the market to confirm the move step by step.
