Technical analysis by CryptoNuclear about Symbol GMT: Buy recommendation (6/28/2025)

CryptoNuclear

🔻 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