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Technical analysis by S2A9 about Symbol GT: Buy recommendation (5/30/2025)

https://sahmeto.com/message/3563251

GT’s Bullish Rectangle Signals $25 Reclaim

Buy
Price at Publish Time:
$19.53
Profit Target:
(+28.02%)$25
Stop Loss Price:
(-2.71%)$19
Buy،Technical،S2A9

Analysis: GT is forming a bullish rectangle pattern after holding above the $19.55 support level. The 50-day SMA ($21.37) is acting as dynamic resistance, but a breakout above $21.15 could push GT to $25, aligning with historical highs. Increasing exchange outflows (+$8.2M last week) suggest whale accumulation, boosting bullish sentiment. The Alpha Points Campaign on Gate.io could drive trading volume, supporting price growth.Trade Idea: Enter long at $19.50, targeting $25.00. Set stop loss at $19.00. Consider trading GT on Gate.io to earn Alpha Points for additional rewards.Risk: Failure to break $21.15 may lead to consolidation or a drop to $19.00. DYOR.

Source Message: TradingView
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