GTC/USDT: Is a second impulse being prepared after the sell-off? 🚀
After a powerful surge from $0.085 to $0.124, the coin went into a logical, steady pullback. Now the price is squeezed in a key support zone around the EMA(99). The RSI and StochRSI indicators have fully cooled down and entered the deep oversold area, hinting at an upcoming local rebound.
📊 Trading plan: LONG (Main scenario)
We consider the current fading of selling pressure a good opportunity to enter with a clear risk profile and potential for a reactive upward move.
Aggressive entry: $0.0950 – $0.0958 (buy from the current support levels of EMA(99) from the market).
Conservative entry: $0.1005 (entry after the price consolidates above EMA(21) / EMA(50) on the 15-minute timeframe).
🎯 Move targets:
Take-Profit 1: $0.1020 (+6.8% — return to the averages)
Take-Profit 2: $0.1110 (+16.2% — breaking through the 50% Fib retracement)
Take-Profit 3: $0.1220 (+27.7% — retesting the local high)
🛡 Stop-loss: $0.0910 (-4.7% from the aggressive entry point, below the local consolidation level)
Trade 👉$GTC
After a powerful surge from $0.085 to $0.124, the coin went into a logical, steady pullback. Now the price is squeezed in a key support zone around the EMA(99). The RSI and StochRSI indicators have fully cooled down and entered the deep oversold area, hinting at an upcoming local rebound.
📊 Trading plan: LONG (Main scenario)
We consider the current fading of selling pressure a good opportunity to enter with a clear risk profile and potential for a reactive upward move.
Aggressive entry: $0.0950 – $0.0958 (buy from the current support levels of EMA(99) from the market).
Conservative entry: $0.1005 (entry after the price consolidates above EMA(21) / EMA(50) on the 15-minute timeframe).
🎯 Move targets:
Take-Profit 1: $0.1020 (+6.8% — return to the averages)
Take-Profit 2: $0.1110 (+16.2% — breaking through the 50% Fib retracement)
Take-Profit 3: $0.1220 (+27.7% — retesting the local high)
🛡 Stop-loss: $0.0910 (-4.7% from the aggressive entry point, below the local consolidation level)
Trade 👉$GTC
