$GTC +67%: Strong 1H breakout, but the pullback is where the next setup matters
My bias remains bullish on the 1H — GTC has delivered a powerful breakout from the 0.10–0.12 area and pushed to a fresh 24H high at 0.18377. Price is now cooling around 0.1595 after the sharp expansion, but the overall structure remains bullish.
Key signals:
Supertrend remains bullish at 0.13025
SAR is below price at 0.15020, supporting the current uptrend
MACD remains strongly positive
RSI is at 68.27, showing strong momentum but also approaching an overheated zone
Current pullback is holding above the 0.150 area, which is the key near-term support
I’m watching 0.150–0.155 for a potential pullback-and-reclaim setup. If buyers defend this zone and price reclaims 0.167, the previous high at 0.18377 becomes the next major target.
A clean breakout above 0.18377 could open the door for further price discovery, while losing 0.150 would weaken the immediate bullish setup.
No chasing after a +67% move. Let the pullback confirm the strength first.
Not investment advice. Educational report only.
#GTC #Gitcoin #CryptoTrading #Altcoins #Binance $GTC
My bias remains bullish on the 1H — GTC has delivered a powerful breakout from the 0.10–0.12 area and pushed to a fresh 24H high at 0.18377. Price is now cooling around 0.1595 after the sharp expansion, but the overall structure remains bullish.
Key signals:
Supertrend remains bullish at 0.13025
SAR is below price at 0.15020, supporting the current uptrend
MACD remains strongly positive
RSI is at 68.27, showing strong momentum but also approaching an overheated zone
Current pullback is holding above the 0.150 area, which is the key near-term support
I’m watching 0.150–0.155 for a potential pullback-and-reclaim setup. If buyers defend this zone and price reclaims 0.167, the previous high at 0.18377 becomes the next major target.
A clean breakout above 0.18377 could open the door for further price discovery, while losing 0.150 would weaken the immediate bullish setup.
No chasing after a +67% move. Let the pullback confirm the strength first.
Not investment advice. Educational report only.
#GTC #Gitcoin #CryptoTrading #Altcoins #Binance $GTC