$GT showing weak bearish continuation after failing to hold the 7.10 resistance structure. Sellers remain fully in control as price trades near the 7.07 liquidity region.



EP
7.06 - 7.09

TP
TP1 7.04
TP2 7.02
TP3 6.99

SL
7.12

GateToken currently trading inside a short-term downside correction while liquidity continues building below key support regions. Any weak bounce from current levels may trigger another aggressive continuation move toward lower demand zones.

Market structure remains bearish with momentum favoring continuation unless buyers reclaim major resistance with strong confirmation volume.

Let’s go $GT ‌
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FeeTakerPhD
· 2h ago
TP3 target at 6.99, is that a bit aggressive? But liquidity is indeed stacked below, taking profits in batches is more stable.
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DuskStop-LossLine
· 2h ago
This structure is quite standard; after breaking below 7.10, the bears took full control, and once the rebound loses strength, another wave will follow.
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BridgeBurned
· 2h ago
Try placing a limit order around 7.06 to test the waters, with the stop-loss slightly above 7.12, the risk-reward ratio looks acceptable.
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