$GTC
/USDT – Bearish Short Setup 🔴

Current Price: 0.12222 USDT

GTC has experienced a sharp upward pump of approximately 41%, followed by consolidation near the local highs. This creates the possibility of a bearish pullback, but a confirmed breakdown is needed before considering a short entry.

### 📉 Bearish Trade Levels

Short Entry Zone

Sell

### 0.1190 – 0.1210

Prefer a confirmed 15-minute candle close below 0.1190.

Stop Loss

### 0.1265

Take Profit Targets

TP1

0.1096

TP2

0.1009

TP3

0.0918

TP4

0.0848

### Technical Observations

* Resistance: 0.1260 – 0.1265. A rejection here could support a bearish setup.

* Immediate support: 0.1190. A decisive break may indicate weakening momentum.

* Major support: 0.1096 and 0.1009.

* Invalidation: A sustained move above 0.1265 weakens the bearish scenario.

Trading Verdict

Wait for confirmation

The chart is showing a strong bullish impulse, not a confirmed bearish reversal. Avoid shorting blindly into the current consolidation. Watch for a breakdown below 0.1190, ideally accompanied by increased selling volume.

Risk management: Limit risk to 1–2% of trading capital per position. These levels are based on the supplied chart, not a live market feed.