📊 GTC/USDT — the market is trying to stabilize after a heavy dump
GTC lost over 20% after a sharp pump, but is now starting to form a local support zone.
📈 Setup:
🔹 Support: $0.131 – $0.135
🔹 Resistance: $0.143 – $0.147
🔹 If it retraces above $0.147, a push towards $0.160+ is possible.
📊 Structure:
— the price is trying to hold above MA(99)
— sellers have eased off their pressure
— volumes have decreased after a strong sell-off
⚠️ Risks:
The trend is still weak after the aggressive drop. Losing $0.131 could open the path lower.
💡 Conclusion:
Right now, GTC looks like a high-risk bounce attempt. For continued growth, the market needs a strong return above the $0.147 zone.
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