#Gitcoin ($GTC ) is trading around 0.35958 USDT, up 25.89%. The price has shown strong momentum, but a sharp rally can also lead to sudden corrections. Watch whether buyers can defend the pullback or whether selling pressure begins to increase.
Trade Setup: LONG
Entry Zone: 0.35000–0.35700 Stop Loss: 0.34000 Take Profit 1: 0.37000 Take Profit 2: 0.38500 Take Profit 3: 0.40500
Trade Setup: SHORT
Consider a short only if the market rejects resistance and confirms a bearish breakdown.
Entry Zone: 0.34800–0.35200 after bearish confirmation Stop Loss: 0.36200 Take Profit 1: 0.33800 Take Profit 2: 0.32500
Professional Tips
Watch the 0.36000 area for signs of acceptance above resistance or a rejection. Avoid entering immediately after a large green candle. Wait for confirmation and calculate your position size based on the stop-loss distance.
Trade Setup: LONG
Entry Zone: 0.35000–0.35700 Stop Loss: 0.34000 Take Profit 1: 0.37000 Take Profit 2: 0.38500 Take Profit 3: 0.40500
Trade Setup: SHORT
Consider a short only if the market rejects resistance and confirms a bearish breakdown.
Entry Zone: 0.34800–0.35200 after bearish confirmation Stop Loss: 0.36200 Take Profit 1: 0.33800 Take Profit 2: 0.32500
Professional Tips
Watch the 0.36000 area for signs of acceptance above resistance or a rejection. Avoid entering immediately after a large green candle. Wait for confirmation and calculate your position size based on the stop-loss distance.