$GT showing sell side exhaustion near range support.
Downside pressure is fading as price stabilizes at demand.
EP 7.70 – 7.85
TP TP1 8.05 TP2 8.30 TP3 8.70
SL 7.55
Price swept liquidity below 7.80 and is reacting from local demand with selling momentum slowing down. As long as this base holds, a bounce toward overhead liquidity zones remains favored with structure preparing for a corrective move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
GodIsAnArtist
· 3h ago
The downward trend weakened, with a 5% decline in one day. But what was it like before the decline? Was it more severe or milder? Understanding the previous situation can help us better analyze the current market conditions and predict future movements.
$GT showing sell side exhaustion near range support.
Downside pressure is fading as price stabilizes at demand.
EP
7.70 – 7.85
TP
TP1 8.05
TP2 8.30
TP3 8.70
SL
7.55
Price swept liquidity below 7.80 and is reacting from local demand with selling momentum slowing down. As long as this base holds, a bounce toward overhead liquidity zones remains favored with structure preparing for a corrective move.
Let’s go $GT