GMT

🔻 End of a Long-Term Downtrend?GMT has been in a strong downtrend since late 2024. A clearly defined descending trendline has acted as strong resistance—until now. The price has bounced from the major support zone between $0.0364 and $0.0425, which has held multiple times since March 2025.🚀 Breakout Confirmation in Progress:The chart shows a potential breakout from the descending trendline (yellow). A confirmed breakout with volume would indicate the start of a bullish reversal pattern.🎯 Key Resistance / Profit Targets:$0.0474 – Initial minor resistance$0.0555 – First bullish confirmation$0.0665 to $0.0744 – Medium-term target$0.0977 to $0.1302 – Strong upside potential$0.2108 to $0.2471 – Full bullish target zone if momentum continues📌 Additional Notes:The highlighted yellow area is a demand zone signaling potential accumulation.This setup aligns with classic breakout-reversal formations.Excellent risk/reward due to proximity to strong support.#GMTUSDT #GMT #CryptoBreakout #AltcoinSeason #CryptoReversal#TechnicalAnalysis #BreakoutCrypto #TradingSignals #CryptoTA#BinanceTrading

First-class forsah based on the conditions of the forsah Indicator by Technical Analyst Abu Hammam 🚀📈🔥

GMT ~ 1D Analysis #GMT Buy gradually from here if you still have confidence in this coin with a short term target of at least 10%++ from here.

Another sample signal. Apply proper risk management before entry.Exchanges: ByBit USDT, Binance FuturesSignal Type: Regular (Short)Leverage: Isolated (5.0X)Amount: 5.0%Entry Targets:1) 0.066452) 0.07377Take-Profit Targets:1) 0.058402) 0.050903) 0.04084Stop Targets:1) 0.07873Trailing Configuration:Stop: Breakeven - Trigger: Target (1)Unfortunately price missed our entry by a few cents and went to target points. 🫡Let's remove our short entries and wait for a new chance. ▶️

👀 Welcome to my Trading View Analysis and Trading Channel Here , we share the latest market analysis, trading signals, and key insights together .Ready for smarter trades ? ⭐️🧠 Technical Analysis of GMT Coin – Daily TimeframeThis analysis reviews the recent price behavior of GMT coin on the daily chart. Based on the current market structure, there are multiple technical signals suggesting the continuation of the downtrend and a possible entry into a consolidation phase.1. 🚀 Sharp Uptrend Followed by a Correction PhaseInitially, GMT experienced a sharp bullish rally, accompanied by a noticeable surge in trading volume, pushing the price to higher levels. However, after the rally peaked, the price entered a corrective phase that still appears to be ongoing.2. ❌ Breakdown of the Key $0.058 Support LevelOne of the most critical developments during the correction was the breakdown of the $0.058 support zone. This level had previously acted as a strong support area. Its failure signals growing selling pressure and increases the likelihood of the downtrend continuing.3. 📉 Bearish Reaction to the 3 SMA IndicatorDuring its downward movement, the price encountered the 3 SMA indicator (a combination of three Simple Moving Averages). The key observations are:All recent candlesticks have closed below the SMA linesThis is considered a strong bearish confirmation in technical analysisIt also highlights the dominance of sellers at this stage of the market4. 🛡 Major Support Area at $0.043Given the ongoing bearish pressure, the $0.043 support level has become a critical area to watch. Historically, this level has successfully prevented further declines and may act as a strong support once again.If the price reaches this zone, it may:Show a supportive reaction (respect the level)Enter a short-term consolidation rangeOr potentially initiate a new bullish wave, depending on candlestick formations and trading volume around that level✅ Final Summary:The overall trend remains bearish for nowThe break of $0.058 and candlestick closures below the 3 SMA confirm ongoing selling pressureThe $0.043 level is a critical support zone that could trigger a potential reversal or consolidation🗞 Recent GMT Weekly HighlightsHere are the key developments from the past week in the GMT ecosystem:1️⃣ 🔥 Buyback & Burn of 600M GMT TokensGMT DAO announced a massive buyback of 600 million tokens worth around $100M. After a community vote, these tokens may be burned — a move expected to reduce supply and potentially support price growth.2️⃣ 👟 Adidas Partnership & NFT SneakersThe STEPN project partnered with Adidas to launch 1,200 limited edition physical sneakers tied to NFTs. This collaboration aims to boost brand visibility and attract new users.3️⃣ 🎁 Massive Community AirdropAn additional 600 million GMT tokens will be distributed via airdrop to increase community engagement and encourage participation in DAO governance.I love you all so much . 👀don't forget about capital management and risk management .Be careful with your positions . 🥇

This analysis is an update of the analysis you see in the "Related publications" sectionThe previous setup is canceled due to the risk of being left behind.The wave structure has been reanalyzed. It appears that GMT is in a large corrective pattern, likely a diametric, and wave F has completed. Wave F was a symmetrical structure that has now ended.As long as the POI zone holds, the price can move toward the targets. The targets are marked on the chart. This movement is considered wave G of a higher degree.A daily candle closing below the invalidation level will invalidate this view.For risk management, please don't forget stop loss and capital managementWhen we reach the first target, save some profit and then change the stop to entryComment if you have any questionsThank YouIt pumped 18% and reached TP1.

Given the broken 3D pattern at the bottom and the trendline break, our demand zone is considered highly valuable. Therefore, we will look to enter a buy position within the green zone, which has been the origin of a strong move.The price is currently in a support zone, but we will only enter a position if it reaches the green zone marked on the chart.A daily candle closing below the invalidation level will invalidate this analysis.For risk management, please don't forget stop loss and capital managementWhen we reach the first target, save some profit and then change the stop to entryComment if you have any questionsThank YouThis trade is canceled. New update:

Looks like price is taking a break after completing a 3drive pattern to kick off the wave (A) of this ABC bullish pattern. 🪧 If we CAN catch this coin at the end of wave (B), the next wave could take price to some really nice levels of profit. 🪙

Successfully penetrating this resistant line with a short -term target of at least 10%+ from here.

Gmt is looking promising and could see an increase in price after the completion of a corrective pattern