🚨 $GTC Strategy: The Monitoring Tag Fade
Don't let the "Ready for Flying" hype fool you. Talha Sniper identifies this as a liquidity trap. The "Monitoring Tag" status makes this asset high-risk, and the rejection from the highs is decisive. We are shorting the relief.
Entry Zone: 0.135 – 0.145 (Fading the Relief)
TP1: 0.110 (Local Support)
TP2: 0.095 (Liquidity Sweep)
TP3: 0.088 (Major Demand Base)
Stop Loss: 0.160 (Hard Invalidation above local structure)
Trade Logic:
Price hit the 0.185 resistance and formed a "wick of death." The current bounce is happening on thin volume, suggesting a "Dead Cat Bounce." With the Monitoring Tag active, institutional bots are looking for any exit liquidity to offload. We expect a continuation of the markdown phase toward the 0.088 region.
#GTC #Gitcoin #TalhaSniper #ShortSetup #BİNANCESQUARE
