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GMT, after experiencing a strong breakout from the 0.0155-0.0167 resistance zone, once surged to a high of 0.0216. Although recent pullbacks have attracted attention, they are not a risk signal—in fact, they are a typical healthy correction process.
Currently, the coin price stands at 0.01888, with a gain of 17.63%. From a technical perspective, the bullish structure above remains intact, with key support levels between 0.0180 and 0.0183. What does this mean? It indicates that patient traders can consider light positions above this area, viewing the pullback as a buying opportunity.
The risk levels are also clear: a drop below 0.0176 warrants a reassessment. Conversely, if the price stabilizes above 0.0200 again, the next step is to retest the previous high at 0.0216.
The market logic is straightforward—momentum hasn't disappeared; it's just gathering strength. At this time, patience and execution are the key factors.