GT is currently showing a controlled pullback after rejecting from the $8.17 intraday high, with price now stabilizing around the key support zone near $7.88–$7.92 where buyers are beginning to absorb selling pressure. This area has acted as a short-term demand pocket and remains critical for maintaining structure. As long as GT holds above $7.88, rebound scenarios remain active with immediate resistance positioned near $8.05–$8.10 where sellers previously stepped in aggressively. A clean breakout above $8.10 could open the path toward the next upside target around $8.40–$8.70, aligning with previous liquidity zones. Momentum has cooled but remains healthy, suggesting consolidation rather than trend reversal. If price breaks below $7.88, a deeper retrace toward $7.60 may occur before renewed buying interest appears. Overall structure favors stabilization and a potential upside continuation after the correction. $GT #OvernightV-ShapedMoveinCrypto
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.
$GT
GT is currently showing a controlled pullback after rejecting from the $8.17 intraday high, with price now stabilizing around the key support zone near $7.88–$7.92 where buyers are beginning to absorb selling pressure. This area has acted as a short-term demand pocket and remains critical for maintaining structure. As long as GT holds above $7.88, rebound scenarios remain active with immediate resistance positioned near $8.05–$8.10 where sellers previously stepped in aggressively. A clean breakout above $8.10 could open the path toward the next upside target around $8.40–$8.70, aligning with previous liquidity zones. Momentum has cooled but remains healthy, suggesting consolidation rather than trend reversal. If price breaks below $7.88, a deeper retrace toward $7.60 may occur before renewed buying interest appears. Overall structure favors stabilization and a potential upside continuation after the correction. $GT #OvernightV-ShapedMoveinCrypto