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#PostonSquaretoEarn$50 $GT GT is retracing to around 10.14 after failing to hold its breakout above 10.27. The 15-minute structure shows that short-term momentum has clearly weakened. Price has broken below the cluster of MA5, MA10, and MA30 moving averages, all of which have now flattened out, indicating buyers have exited and sellers have taken the lead intraday.
The pullback from 10.27 originated from a concentrated liquidity pocket. Once price touched this area, sell orders absorbed the remaining momentum and forced a reversal. The downward move was clean and steady, with no liquidation-style long wicks or forced closures. Funding rates remain neutral, confirming that the current pullback is not driven by leverage.
Traders are simply reducing their risk exposure within a narrow range.
During the pullback candles, volume spiked, then decreased as the price dropped, which typically means sellers acted first while buyers failed to follow through. This is a typical sign of momentum buyers exiting and spot demand pausing. The MACD is turning into negative territory, further confirming weakening short-term strength.
The key support is at 10.11. This level previously held and formed the basis for the last rebound. If GT stabilizes above it again, the market still has a chance to reverse back to around 10.20. If it breaks below 10.11, it could further reach the deeper liquidity zone near 10.05.
Currently, GT remains in a minor pullback phase. Sellers continue to push price toward support, while buyers are waiting for confirmation. If it can reclaim 10.18 with increased volume, that will be the first signal for a trend reversal back to the upside.
$GT
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