$GT cooling down after rejection from the 7.42 local resistance while still maintaining overall bullish structure.


Price is consolidating tightly near support as volatility compresses for the next move.

EP
7.28 - 7.33

TP
TP1 7.40
TP2 7.52
TP3 7.68

SL
7.20

Repeated defense around 7.30 shows buyers are still active despite recent pullback pressure. A breakout above 7.42 could restart bullish momentum toward higher resistance zones.

Let’s go $GT ‌

#GateSquareMayTradingShare
GT-1.35%
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MosaicButterfly
· 2h ago
This pullback is quite healthy, the structure isn't broken, and the EP zone is well set.
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PaperhandsPoet
· 3h ago
Volatility has been compressed, the next move should come soon.
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CollateralCora
· 12h ago
#GateSquareMayTradingShare Follows the same play as soon as one hand, the GT price action looks like a familiar script
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PeacockSpreadsItsFeathersBut
· 12h ago
A stop loss at 7.20 is a bit tight; I will loosen it to 7.15 to prevent being stopped out prematurely.
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GateUser-ebdc7d3a
· 12h ago
TP2 7.52 looks quite reasonable, with heavy selling pressure near the previous high
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BreadthHunter
· 12h ago
7.3 indeed held up, waiting for a volume breakout above 7.42
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