GMT/USDT If Breakout is happening, potential GMT back to Upward!
💎GMT has recently shown significant market dynamics. After a strong bounce from the demand area, GMT is now facing a key challenge at the resistance zone.
💎 A successful breakout above this resistance could pave the way for further upward movement, probability allowing GMT to reach our target supply area.
💎 However, if GMT fails to climb above the resistance and retreats back to the demand area, it may need to establish new momentum from there.
💎 A concerning scenario would unfold if GMT breaks below the demand area, indicating a continuation of the downward trend. This would signal bearish sentiment and could lead GMT back to the bottom support level, initiating a bearish season once again.
💎 A successful breakout above this resistance could pave the way for further upward movement, probability allowing GMT to reach our target supply area.
💎 However, if GMT fails to climb above the resistance and retreats back to the demand area, it may need to establish new momentum from there.
💎 A concerning scenario would unfold if GMT breaks below the demand area, indicating a continuation of the downward trend. This would signal bearish sentiment and could lead GMT back to the bottom support level, initiating a bearish season once again.
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