#GTC1) Basic (more common): flat/sliding under EMA200

As long as the price is below 0.106, we usually see:

bounces up that fade away,

and repeated tests of local supports.

Signal for continued drop: 1H close below the nearest local minimum (swing low) + RSI not returning above 40–45.

2) Technical bounce (correction), but not a 'trend reversal.' RSI 36 allows for a bounce from the current levels, but it often ends below/near the EMA200.

Hope for a rebound is dwindling.

GTC
GTCUSDT
0.09261
-2.98%