$GMT /USDT — wick killed the momentum. fast.

​Saw a fast push to 0.01288... rejected hard. Price is at 0.01214 now. Support sits around 0.01173 where the 25 EMA is. Structure is messy after that heavy rejection candle.

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Pump brought the crowd. Fast drop shows zero trust. Late buyers are trapped up top. Looks like a liquidity grab for now. If buyers cant hold a base here... it goes lower. Bringing people in is easy. Keeping them? That is the hard part.

​Trade LONG

Entry: 0.01180

SL: 0.01120

TP1: 0.01250

TP2: 0.01280

TP3: 0.01320

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Wait for 0.01180 to hold. If price drifts through... no trade. Simple as that.

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Break below 0.01120 kills the idea. Volume is weak on this bounce. Watch the follow-through.

#GMT #MarketAnalysis #ahcharlie

GMT

0.01223

-7.20%