I’m opening a BIG SHORT on $GTC Here.
Entry: $0.20
TP: $0.132
SL: $0.248
I was watching the breakout, but $GTC couldn’t hold it. Price pushed higher, got rejected from the top, and that already made me question whether this move had much more left.
Then I checked the on-chain activity.
That made me even more uncomfortable about buying here. Some of the bigger wallets started selling around the highs, and when I went back to the chart, that rejection suddenly made a lot more sense.
Funding is negative too, so the positioning around this pump is getting pretty messy.
If sellers really take control, I think GTC could easily give back 25–40% from here.
So I’m taking the other side.
Would you really buy $GTC after that rejection… or are you taking the SHORT with me?
Entry: $0.20
TP: $0.132
SL: $0.248
I was watching the breakout, but $GTC couldn’t hold it. Price pushed higher, got rejected from the top, and that already made me question whether this move had much more left.
Then I checked the on-chain activity.
That made me even more uncomfortable about buying here. Some of the bigger wallets started selling around the highs, and when I went back to the chart, that rejection suddenly made a lot more sense.
Funding is negative too, so the positioning around this pump is getting pretty messy.
If sellers really take control, I think GTC could easily give back 25–40% from here.
So I’m taking the other side.
Would you really buy $GTC after that rejection… or are you taking the SHORT with me?
