$GTC is showing an interesting setup on the 15M chart.
Price has bounced strongly from the lower levels and is now testing the $0.208–$0.210 area, where the descending and ascending trendlines are meeting. This is basically a decision zone.
If GTC can break and hold above $0.209–$0.210, the next move could open toward $0.220, then potentially $0.2468.
On the other hand, losing $0.200 would weaken the setup, with $0.184 becoming an important downside level.
Current setup:
Entry: ~$0.209
TP: $0.2468 🎯
SL: $0.1843 🛑
Breakout confirmation is important here because price is sitting right at the trendline intersection.
Price has bounced strongly from the lower levels and is now testing the $0.208–$0.210 area, where the descending and ascending trendlines are meeting. This is basically a decision zone.
If GTC can break and hold above $0.209–$0.210, the next move could open toward $0.220, then potentially $0.2468.
On the other hand, losing $0.200 would weaken the setup, with $0.184 becoming an important downside level.
Current setup:
Entry: ~$0.209
TP: $0.2468 🎯
SL: $0.1843 🛑
Breakout confirmation is important here because price is sitting right at the trendline intersection.
