$GT Bullish structure formed after stable accumulation


I see buyers starting to enter after demand defense at $6.86, pushing the price towards $7.46 before a healthy correction. Now the price is stabil around $7.20, which seems to be a consolidation before the next move.
Market Read
I see a pattern of lower lows forming and momentum still holding above the previous breakout area. If buyers maintain control above $7.10, another push towards the latest high becomes likely.
Entry Point
$7.10 — $7.20
Target Point
TP1 — $7.46
TP2 — $7.70
TP3 — $8.00
Stop Loss
$6.90
How this can happen
I see a strong structure after the rally from $6.86 to $7.46. The correction appears to be profit-taking, not weakness. If buyers hold the current zone, liquidity above $7.46 could attract the price higher.
Let's start trading now $GT
GT-3,37%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin