$GMT /USDT – Bullish Breakout Continuation
Technical Analysis:
$GMT/USDT has shown a strong bullish move with an 8.88% gain, breaking above the key resistance zone near $0.01480–$0.01500. Price is currently trading around $0.01521, supported by strong volume (125.69M GMT), indicating active buyer participation. The breakout from the previous consolidation suggests further upside potential if price holds above the breakout zone.
Trade Setup:
Entry Range: $0.01500 – $0.01520
Target 1: $0.01540
Target 2: $0.01580
Target 3: $0.01620
Stop Loss (SL): $0.01440
Short-Term Outlook:
As long as $GMT holds above $0.01500, bullish continuation remains likely. Minor pullbacks toward the entry zone can be considered healthy retests.
Short Outlook of Market:
If price fails to hold $0.01440, bearish pressure could drag price back toward $0.01400–$0.01380 support. A clean breakdown below this zone would invalidate the bullish setup.
