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$GT /USDT – Gate Momentum Watch
$GT is trading near 10.02, sliding after hitting a fresh low at 9.91. The chart shows persistent pressure as the price stays below all key moving averages, signalling that sellers still dominate the short-term landscape.
Support Zones:
• 9.90 – immediate reaction level
• 9.72 – deeper liquidity pocket
Resistance Zones:
• 10.18 – first recovery barrier
• 10.46 – trend break zone
Market Outlook:
Momentum indicators lean bearish. MACD continues to stretch downward, reflecting strong downside drive. Volume spikes near the lows show active selling interest and a possible attempt to push GT toward another test of the sub-10 region.
Trading Entries:
• Buy Entry: 9.88–9.95 for a bounce attempt from the demand area
• Sell Entry: 10.17–10.28 for continued downside positioning
Next Move:
If GT loses 9.90, the chart opens room toward 9.72. Only a reclaim of 10.46 can neutralize the current downtrend and hint at a reversal attempt.
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