$GTC still has a lot of liquidity sitting above priceš
At $0.246, the biggest immediate short-liquidation pocket is around $0.255ā$0.262, with more liquidity building toward $0.27+
A clean push through $0.255 could trigger another squeeze
The move also has a real catalyst behind it, with Gitcoinās governance quorum proposal currently active. Still, after a 50%+ daily run, Iād expect volatility to stay high
At $0.246, the biggest immediate short-liquidation pocket is around $0.255ā$0.262, with more liquidity building toward $0.27+
A clean push through $0.255 could trigger another squeeze
The move also has a real catalyst behind it, with Gitcoinās governance quorum proposal currently active. Still, after a 50%+ daily run, Iād expect volatility to stay high