GT/USDT (1H) Trade Plan



$GT #WarshReaffirms2PercentInflationTarget
Based on the chart you shared:
Market Structure
Current Price: 6.72
Trend: Short-term bullish after rebounding from 6.58.
Price is trading above the 30 EMA, indicating buyers still have an advantage.
MACD momentum is weakening, suggesting consolidation before the next move.
KDJ is rolling over, so a brief pullback is possible before continuation.
Key Levels
Support 1: 6.70
Support 2: 6.66
Major Support: 6.58
Resistance 1: 6.78
Resistance 2: 6.85
Major Resistance: 7.00
Conservative Long
Entry: 6.68–6.72
Stop Loss: 6.60
Take Profit
TP1: 6.78
TP2: 6.85
TP3: 7.00
Breakout Trade
Enter only after a 1-hour candle closes above 6.78 with strong volume.
Entry: 6.79–6.81
Stop Loss: 6.70
Targets: 6.90 → 7.00 → 7.15
Short Setup
Only consider a short if the price breaks below 6.66 on strong selling volume.
Entry: Below 6.66
Stop Loss: 6.73
Targets: 6.60 → 6.58 → 6.50
Risk Management
Risk only 1–2% of your trading capital on a single trade.
Move your stop loss to breakeven after TP1 is reached.
Avoid chasing price if it breaks out without confirmation from volume.
Bias: Cautiously bullish while GT holds above 6.66. A confirmed breakout above 6.78 could open the way toward 6.90–7.00. A break below 6.66 would increase the probability of a retest of 6.58.
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