$GT — Bulls Preparing for a Reversal From Key Demand


I'm seeing price compress at 7.05 after a steady intraday sell-off from 7.39. The structure is clearly bearish short term, but momentum is slowing near support. That repeated reaction around 7.05 tells me buyers are starting to defend this level.
The downside move already expanded. Now we’re sitting at range low liquidity. That’s where reversals usually begin.
I’m not chasing weakness. I’m positioning where risk is tight.
Entry: 7.05 – 7.10
(Wait for a strong 1H close reclaiming 7.12 for confirmation)
Targets:
TP1: 7.18
TP2: 7.26
TP3: 7.35
Stop Loss: 6.96
This works if 7.05 holds and we break minor lower-high structure around 7.12. Once that level flips, short-term control shifts and we can see a squeeze back toward prior supply near 7.30+.
Risk is defined. Reaction level is clear.
Let’s go and Trade now $GT
GT1,39%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)