I’m looking at $GTC /USDT around 0.31459, and buyers have made a strong recovery after the recent dip toward 0.30907. Price is back above the MA60 at 0.31009, and momentum looks bullish in the short term. Still, after a 20.70% daily gain, I wouldn’t chase the move blindly.
The key level I’m watching is 0.31669, the upper visible chart boundary near the recent price peak. A clean push through this area with sustained buying would strengthen the continuation setup. If price gets rejected, a pullback toward 0.31161 or the MA60 could follow.
📍 Entry: 0.31161–0.31400, preferably after a pullback holds 🎯 TP1: 0.31669 🎯 TP2: 0.32000 — speculative, not confirmed by visible resistance 🎯 TP3: No clear chart-based target 🛑 Invalidation: Below 0.30907
If price loses 0.30907, I’d step away from this long setup because the latest recovery would be losing its nearby structural support.
Volume is visible, but I’d want stronger follow-through before trusting another leg higher. My bias remains cautiously bullish while price holds above the moving average. I’d rather wait for confirmation than buy straight into resistance.
The key level I’m watching is 0.31669, the upper visible chart boundary near the recent price peak. A clean push through this area with sustained buying would strengthen the continuation setup. If price gets rejected, a pullback toward 0.31161 or the MA60 could follow.
📍 Entry: 0.31161–0.31400, preferably after a pullback holds 🎯 TP1: 0.31669 🎯 TP2: 0.32000 — speculative, not confirmed by visible resistance 🎯 TP3: No clear chart-based target 🛑 Invalidation: Below 0.30907
If price loses 0.30907, I’d step away from this long setup because the latest recovery would be losing its nearby structural support.
Volume is visible, but I’d want stronger follow-through before trusting another leg higher. My bias remains cautiously bullish while price holds above the moving average. I’d rather wait for confirmation than buy straight into resistance.