đ¨$GMT
GMT
0.01788
+6.74%
BEARISH TECHNICAL ANALYSIS â SELLERS PRESSURING AFTER RESISTANCE
$GMT is showing early bearish signs after failing to sustain above the 0.01820â0.01822 resistance zone. The formation of lower highs and repeated rejection wicks indicates weakening bullish momentum. Volume patterns suggest buyers are losing strength, signaling a likely corrective move toward key support levels.
Targets (TP):
⢠TP1: 0.01760
⢠TP2: 0.01750
⢠TP3: 0.01700
Stop Loss (SL):
⢠Above 0.01822 resistance or recent swing high
Risk Management:
Maintain proper position sizing, avoid over-leverage, and always place SL before entering the trade.
