$GT showing short-term stabilization after a sharp intraday selloff.



Structure remains weak but early signs of support holding at lows.

EP
7.05 - 7.12

TP
TP1 7.20
TP2 7.32
TP3 7.48

SL
6.98

Price swept liquidity below 7.10 and reacted with a base forming near 7.05. Current structure suggests a potential relief move if buyers maintain control above reclaimed levels.

Let’s go $GT ‌
GT-4.17%
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
  • 11
  • 7
  • Share
Comment
Add a comment
Add a comment
LiquidityBarista
· 1h ago
TP1 7.20 First see if it can quickly rebound, otherwise it remains weak and oscillating.
View OriginalReply0
PaperSculptureOctopusPosition
· 2h ago
Let's go GT, but remember to control your position; in weak structures, the biggest risk is a rebound that诱多 (诱导多头, misleading bullish moves).
View OriginalReply0
BugBountyBuddy
· 2h ago
Now let's see if the 7.05 support level is a fake support or not, and don't get caught off guard again.
View OriginalReply0
QuantumLittleTomato
· 2h ago
Targets 7.32 and 7.48 are quite attractive, but the premise is that the momentum keeps up.
View OriginalReply0
QuietRugAlarm
· 2h ago
Today’s lower shadow is quite crucial; if buying pressure continues to hold, we might really see a significant rise.
View OriginalReply0
GateUser-8df0eb2b
· 2h ago
There may be selling pressure around 7.20; remember to take profits in batches and don't be greedy.
View OriginalReply0
PeacockSpreadsItsFeathersBut
· 2h ago
Short-term strategy is clear: buy in from 7.05 to 7.12, sell at 6.98, the profit and loss ratio is acceptable.
View OriginalReply0
Post-RainTvl
· 2h ago
If my structure is still weak, I will be more cautious. Treat the rebound as a correction; don't go all in at once.
View OriginalReply0
EchoesOfMistValley
· 2h ago
If the price can hold sideways for a few 4H candles above 7.10, it looks even more like a relief move.
View OriginalReply0
PurpleMistColdWallet
· 2h ago
I prefer to wait for a pullback to confirm 7.10 as support before getting in, for safety.
View OriginalReply0
View More
  • Pin