$GT is showing a bearish continuation setup after facing strong selling pressure and losing the $8.20 area.
Sellers remain in control unless buyers reclaim $8.30–$8.42. A weak recovery toward this resistance zone could provide a reasonable short-entry opportunity.
EP: $8.15–$8.25
TP1: $8.00
TP2: $7.85
TP3: $7.70
SL: $8.42
The $8.20 region is an important level to monitor, with nearby downside liquidity below $8.00. Wait for rejection confirmation rather than entering during an extended red candle. A sustained breakout above $8.42 invalidates the bearish setup.#WhoWillSucceedJensenHuangatNvidia? #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinActiveSupplyInProfitDropsBelow45% $GT.US
Sellers remain in control unless buyers reclaim $8.30–$8.42. A weak recovery toward this resistance zone could provide a reasonable short-entry opportunity.
EP: $8.15–$8.25
TP1: $8.00
TP2: $7.85
TP3: $7.70
SL: $8.42
The $8.20 region is an important level to monitor, with nearby downside liquidity below $8.00. Wait for rejection confirmation rather than entering during an extended red candle. A sustained breakout above $8.42 invalidates the bearish setup.#WhoWillSucceedJensenHuangatNvidia? #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinActiveSupplyInProfitDropsBelow45% $GT.US