I’m looking at $GTC /USDT after a sharp move up to 0.12600, followed by a steady pullback. Price is now around 0.09536, sitting just above the visible MA(99) at 0.09356, while MA(7) and MA(25) remain higher.
For me, this is more of a potential support-reclaim setup than a confirmed reversal. I’d like to see price hold the 0.09356 area and start pushing back above the short-term MA levels. The first important upside area is around 0.10178, where the MA(25) is also close.
📍 Entry: 0.09356–0.09536
🎯 TP1: 0.10178
🎯 TP2: 0.11051
🎯 TP3: 0.11925
🛑 Invalidation: 0.09356
If price loses 0.09356, I’d step away from this setup because that would mean the current price is no longer holding above the visible MA(99) support area.
The chart is still showing a clear pullback from 0.12600, so I wouldn’t chase strength here. I’m watching for stabilization around the current area first, then a move toward 0.10178.
For me, this is more of a potential support-reclaim setup than a confirmed reversal. I’d like to see price hold the 0.09356 area and start pushing back above the short-term MA levels. The first important upside area is around 0.10178, where the MA(25) is also close.
📍 Entry: 0.09356–0.09536
🎯 TP1: 0.10178
🎯 TP2: 0.11051
🎯 TP3: 0.11925
🛑 Invalidation: 0.09356
If price loses 0.09356, I’d step away from this setup because that would mean the current price is no longer holding above the visible MA(99) support area.
The chart is still showing a clear pullback from 0.12600, so I wouldn’t chase strength here. I’m watching for stabilization around the current area first, then a move toward 0.10178.
