$GT Bounces to 7.50 or breaks to 6.80.

Long $GT
Entry: 6.95–7.05
SL: 6.82
TP1: 7.20
TP2: 7.35
TP3: 7.50
Market Context & Reasoning
Price action on the 4-hour chart demonstrates a significant multi-day structural correction that successfully washed out speculative leverage down to a deep local floor at 6.87. Following this deep demand test, buyers responded aggressively, triggering a powerful vertical expansion that briefly pierced overhead supply to tap an impulse high at 7.20.
The asset has since pulled back slightly to establish a steady stabilization base around 7.08. This positioning shows strong defender interest keeping the price at a clear premium above the 6.96 intraday baseline. If bulls firmly anchor this higher support block and exhaust residual profit-taking, trailing breakout shorts caught chasing the lower ranges will face a fast squeeze. This technical setup primes the asset for a clean continuation rotation back toward the 7.20 breakout origin before opening up macro upside targets.
Trade $GT here 👇