A new low has appeared in $GTC 24 hours.
24h: -2.14%, current price: 0.2182, previous low: 0.219.
Structurally, a new low means the bulls’ line of defense has been breached. On a rebound, the first thing to watch is whether the price can reclaim the previous low; if it can’t, the weakness will continue. Reclaiming it is the only way a bottom structure might form. Will the market trend reverse later?
#GTC
24h: -2.14%, current price: 0.2182, previous low: 0.219.
Structurally, a new low means the bulls’ line of defense has been breached. On a rebound, the first thing to watch is whether the price can reclaim the previous low; if it can’t, the weakness will continue. Reclaiming it is the only way a bottom structure might form. Will the market trend reverse later?
#GTC