GMT is forming a clear falling wedge with price compressing toward the wedge support near 0.013–0.011. This structure typically signals selling pressure exhaustion, especially after a prolonged downside move.
Price is currently reacting from the lower boundary of the falling wedge, suggesting buyers are stepping in. A confirmed breakout above wedge resistance can trigger a upside move, with first targets around 0.019–0.020, followed by higher continuation if momentum builds.
If price breaks and closes below 0.011, this bullish setup will be invalidated.
Price is currently reacting from the lower boundary of the falling wedge, suggesting buyers are stepping in. A confirmed breakout above wedge resistance can trigger a upside move, with first targets around 0.019–0.020, followed by higher continuation if momentum builds.
If price breaks and closes below 0.011, this bullish setup will be invalidated.
Market Structure • Price Action • Crypto Updates
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Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。