$GT Bullish structure formation after steady accumulation
I see buyers entering after defending the demand at $6.86, pushing the price towards $7.46 before a healthy correction. Now the price is stabilizing around $7.20, which seems like a consolidation before the next move.
Market Reading
I see higher lows forming and momentum continuing above the previous breakout zone. If buyers maintain control above $7.10, another push towards the recent high is likely.
Entry Point
$7.10 — $7.20
Target Points
TP1 — $7.46
TP2 — $7.70
TP3 — $8.00
Stop Loss
$6.90
How it looks
I see a strong structure after rising from $6.86 to $7.46. The correction appears to be profit-taking, not weakness. If buyers defend the current area, liquidity above $7.46 could push the price higher.
Let's go and trade now $GT
I see buyers entering after defending the demand at $6.86, pushing the price towards $7.46 before a healthy correction. Now the price is stabilizing around $7.20, which seems like a consolidation before the next move.
Market Reading
I see higher lows forming and momentum continuing above the previous breakout zone. If buyers maintain control above $7.10, another push towards the recent high is likely.
Entry Point
$7.10 — $7.20
Target Points
TP1 — $7.46
TP2 — $7.70
TP3 — $8.00
Stop Loss
$6.90
How it looks
I see a strong structure after rising from $6.86 to $7.46. The correction appears to be profit-taking, not weakness. If buyers defend the current area, liquidity above $7.46 could push the price higher.
Let's go and trade now $GT
