- GMT looks good to me after looking at it's recovery from the recent drop it made
- IMO GMT can move 50-100% up from here as long as Bitcoin stays up or sideways
- Your holding period in GMT should be for 3months at least because I don't believe in overnight pumps
- Don't risk anything in crypto if you can't afford to lose the same
Get ready to ride the wave with NZX:GMT (Green Metaverse Token)! As the native token of STEPN, it's primed for a major pump, aiming for $2.0 by year's end!
- GMT is the Solana token that manages STEPN.
- Encourages people to be more active by being rewarded with crypto.
💎 GMT is currently exhibiting a bullish market structure and has formed a cup & handle pattern, which increases the probability of a bullish move.
💎 If GMTUSDT breaks out above the resistant zone, we can anticipate targets until the next resistant levels. In the event of a pullback, we can expect a bounce from the bullish OB, but confirmation via bullish...
GMTUSDT CMP 0.2447. It is currently showing double bottom on Daily Chart and resistance exactly at .382 retracement. This could be a trend reversal for next rally upside. Watch out levels marked in White and green signals. Risk limited profit unlimited.
It is over priced, but breaking the downtrend will increase the appetite. If it follows the specified path, it can be bought from the red area and stopped just below it.
The green lines are the targets.
Good luck.
Price broke the downtrend.
Fibonacci levels will work well for targeting.
The small red area in front of it is the resistance zone. There is no problem other than that.
GMT has broken its support and even got rejected from this support and resistance upon retesting.(+ double top was also formed in 4H)
So if bulls can't break resistance (which was great support once), than it might be time to short GMT.
SHORT ENTRY -->
Entry price - 3.30 or 3.31
Stop loss - 3.56
Target price - 2.76
(Don't take trades based on this idea, even I...
