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GMT Daily Breakout Analysis
GMT has just broken through and closed above the long-term descending trendline—a significant move that validates the daily breakout after months of bearish pressure.
What's Next?
Two major price targets are on the radar:
• Quarterly High Target: $0.0413 (potential 92% upside)
• Major Order Block Resistance: $0.0700 (potential 229% upside)
This breakout suggests momentum could be shifting. The confluence of price action above the trendline combined with these identified order blocks provides clear levels for tracking the move. Traders watching GMT should monitor these zones closely—especially if volume follows through on this breakout.