Watching $GTC wake up today with a sharp 10.2% jump, and it’s hitting a classic 'make or break' zone. We are currently sitting at $0.18374, grinding right against that overhead resistance at $0.18649.
Here is how I’m playing this: I’ve seen this movie before where traders FOMO into a breakout, only to get chopped up when the price hits a wall of sell orders. My eyes are locked on that $0.18098 support level. If we can hold that, it confirms the trend has legs, but buying right into a resistance test is a recipe for a bad entry.
I’m sitting on my hands for now. Patience is the ultimate edge in this market. I’d much rather wait for a clean 15-minute pullback to retest that $0.18098 floor than chase the current green candle. If it breaks through $0.18649 with volume, that’s a different conversation, but for now, the smart money is waiting for a dip to confirm the foundation.
Are you looking to enter here, or are you waiting for the retest like I am? Let me know your game plan in the comments.
⚠️ Caution: Educational price-action analysis only — Not Financial Advice (NFA). Always Do Your Own Research (DYOR).
#GTC #DYOR #CryptoEducation nceSquare
Here is how I’m playing this: I’ve seen this movie before where traders FOMO into a breakout, only to get chopped up when the price hits a wall of sell orders. My eyes are locked on that $0.18098 support level. If we can hold that, it confirms the trend has legs, but buying right into a resistance test is a recipe for a bad entry.
I’m sitting on my hands for now. Patience is the ultimate edge in this market. I’d much rather wait for a clean 15-minute pullback to retest that $0.18098 floor than chase the current green candle. If it breaks through $0.18649 with volume, that’s a different conversation, but for now, the smart money is waiting for a dip to confirm the foundation.
Are you looking to enter here, or are you waiting for the retest like I am? Let me know your game plan in the comments.
⚠️ Caution: Educational price-action analysis only — Not Financial Advice (NFA). Always Do Your Own Research (DYOR).
#GTC #DYOR #CryptoEducation nceSquare
