**$GTC

Price has delivered a decisive impulsive advance from the $0.113–$0.120 base, clearing multiple prior resistance levels and extending into the $0.220–$0.245 region on expanded volume. The structure remains a clean sequence of higher highs and higher lows. Open interest has risen sharply while funding stays negative, indicating shorts are still paying to hold positions against the prevailing direction.

Immediate support is located at $0.19500–$0.18500 (prior breakout shelf and volume concentration). Resistance sits at $0.23000–$0.24500 (session high and untested liquidity pocket above).

The setup favors bullish continuation after any orderly pullback into support. Momentum remains constructive, with the recent expansion showing limited overhead supply and acceptance of higher prices.

EP: $0.19800 – $0.20500
TP1: $0.22200
TP2: $0.23500
TP3: $0.24500
SL: $0.18200

Current trend strength is firmly bullish across the short and intermediate timeframes, supported by consecutive higher closes and rising open interest. Momentum and structure bias remain aligned to the upside as price continues to hold above the key breakout zone. Price is likely to retest the upper liquidity targets once any short-term consolidation resolves, driven by residual short covering and sustained demand at higher levels.

$GTC