2026-03-12 04:19:57

$GTC just made a vertical push into the 0.129 resistance and momentum is starting to stall near the top.

Short $GTC

Entry: 0.125 – 0.132
SL: 0.142

TP1: 0.120
TP2: 0.115
TP3: 0.100
TP4: 0.092

Why:
Price exploded from the 0.09 area and ran straight into the 0.129 resistance without any real consolidation. Moves like this often get overheated quickly, and the RSI pushing into the 80 zone shows the market is already stretched.

Volume also spiked heavily during the breakout, something that often happens near short-term tops when late buyers rush in. If the 0.122 support starts to weaken, the chart could easily retrace toward the 0.11–0.10 zone where the breakout originally began.

Trade $GTC here 👇

{future}(GTCUSDT)

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.