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$GT /USDT
From the chart you shared, GTUSDT is currently trading around $10.44, printing lower highs and lower lows on the 15m–1H structure, which signals weak momentum and bearish control in the short term.
Despite minor bounces, buyers are failing to reclaim key resistance zones. Volume also looks underwhelming on green candles, which increases the probability of another downside push before any real trend reversal.
Market Structure Insight
Trend: Short-term bearish
Momentum: Weak buying pressure
Key Observation: Price rejected near $10.55–10.60 and rolled over
Bias: Bearish continuation unless resistance flips
Trade Setup (Short Bias)
Entry Zone:
$10.48 – $10.55 (sell on pullback / rejection)
Targets:
🎯 Target 1: $10.30
🎯 Target 2: $10.05
🎯 Target 3: $9.70
Stop Loss:
$10.85 (clear invalidation above structure)
Alternative Scenario (Bull Trap → Breakout)
If price breaks and closes above $10.85 with strong volume, bearish bias is invalidated. In that case:
Shorts should be closed
Market could squeeze toward $11.20+
Until then, upside moves look more like dead-cat bounces than real reversals.
Final Thought
Right now, GT is not crashing impulsively, but it is slowly bleeding. This type of structure often precedes a liquidity sweep downward before any healthy rally forms. Patience and confirmation are key — let the market prove strength before trusting longs.
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