$GTC is down **21.7%** today 📉 It fell from **0.249** and is sitting right on its 24h low at **0.1664**.
Price is below the MA7 and MA25, and every bounce has been sold. The one thing holding it up is the MA99 (0.1536) just below. Also note Binance has it tagged "Monitoring", which means higher risk and bigger swings. ⚠️
**My read: bearish.** Lose 0.1664 and the MA99 near 0.154 is the next test. Reclaim 0.174 (MA7) and a relief bounce is possible. 👀
I'm not catching this one. Waiting for a base to form first.
#GTC #Gitcoin #Binance #CryptoPatience
Price is below the MA7 and MA25, and every bounce has been sold. The one thing holding it up is the MA99 (0.1536) just below. Also note Binance has it tagged "Monitoring", which means higher risk and bigger swings. ⚠️
**My read: bearish.** Lose 0.1664 and the MA99 near 0.154 is the next test. Reclaim 0.174 (MA7) and a relief bounce is possible. 👀
I'm not catching this one. Waiting for a base to form first.
#GTC #Gitcoin #Binance #CryptoPatience
