GMT just squeezed into highs — this is where late entries get trapped.
Short $GMT
Entry: 0.01090 – 0.01110
SL: 0.01150
TP1: 0.01055
TP2: 0.01020
TP3: 0.00980
Impulse straight into 0.01100 with no structure built — classic liquidity grab. Price expanded too fast, leaving inefficiency below that usually gets filled.
Wicks forming at the top already — buyers struggling to hold acceptance above highs.
Momentum looks strong, but that’s exactly when reversals hit if follow-through disappears.
Lose 0.0108 and downside can accelerate quickly.
Chasing the breakout here… or fading the trap? 👇
Short $GMT
Entry: 0.01090 – 0.01110
SL: 0.01150
TP1: 0.01055
TP2: 0.01020
TP3: 0.00980
Impulse straight into 0.01100 with no structure built — classic liquidity grab. Price expanded too fast, leaving inefficiency below that usually gets filled.
Wicks forming at the top already — buyers struggling to hold acceptance above highs.
Momentum looks strong, but that’s exactly when reversals hit if follow-through disappears.
Lose 0.0108 and downside can accelerate quickly.
Chasing the breakout here… or fading the trap? 👇