💥 $GTC UP 63%: RETEST OPPORTUNITY OR BE CAREFUL WITH THE WICK? 📈🚨
What a move Gitcoin ($GTC ) just made, going from touching lows at $0.156 to printing a vertical wick up to $0.393 USDT with a brutal buildup in volume.
Right now the price is pulling back toward the $0.29 - $0.30 USDT zone. After this kind of aggressive candle, the key is not to jump into the market on impulse (FOMO), but to watch how it reacts during consolidation on the 1H chart.
If buying volume holds the current zone, we could see another attempt toward the $0.35+ USDT resistance, but if it loses support quickly, the wick usually gets filled downward.
📌 For those following the chart live:
Did you manage to catch part of this rise in Spot/Futures, or do you prefer to wait for the price to calm down and form a clear range?
👇 Tell me below if you’re holding a position in $GTC
or if you have it on your watchlist!🔥
What a move Gitcoin ($GTC ) just made, going from touching lows at $0.156 to printing a vertical wick up to $0.393 USDT with a brutal buildup in volume.
Right now the price is pulling back toward the $0.29 - $0.30 USDT zone. After this kind of aggressive candle, the key is not to jump into the market on impulse (FOMO), but to watch how it reacts during consolidation on the 1H chart.
If buying volume holds the current zone, we could see another attempt toward the $0.35+ USDT resistance, but if it loses support quickly, the wick usually gets filled downward.
📌 For those following the chart live:
Did you manage to catch part of this rise in Spot/Futures, or do you prefer to wait for the price to calm down and form a clear range?
👇 Tell me below if you’re holding a position in $GTC
or if you have it on your watchlist!🔥