$GMT has spent months being ignored now the chart is finally forcing traders to look again.
Price is pushing through its long descending structure while OI is expanding. The caution is that taker flow is still seller-heavy and positioning is already long-biased, so I’m keeping the trade selective.
📍 Entry: $0.0089 – $0.0093
🛑 SL: $0.0072
🎯 TP1: $0.0100
🎯 TP2: $0.0118
🎯 TP3: $0.0129
🎯 TP4: $0.0149
🚀 Stretch: $0.018 – $0.023+
For continuation, I want to see $0.0093–$0.0095 turn into support. That would give the breakout much more credibility.
If price cools first, $0.0083–$0.0086 is the cleaner reload area.
Low leverage. Small margin. Multi-week idea.
NFA. DYOR.
Price is pushing through its long descending structure while OI is expanding. The caution is that taker flow is still seller-heavy and positioning is already long-biased, so I’m keeping the trade selective.
📍 Entry: $0.0089 – $0.0093
🛑 SL: $0.0072
🎯 TP1: $0.0100
🎯 TP2: $0.0118
🎯 TP3: $0.0129
🎯 TP4: $0.0149
🚀 Stretch: $0.018 – $0.023+
For continuation, I want to see $0.0093–$0.0095 turn into support. That would give the breakout much more credibility.
If price cools first, $0.0083–$0.0086 is the cleaner reload area.
Low leverage. Small margin. Multi-week idea.
NFA. DYOR.
