GMT / TetherUS
Short

GMTUSDT - Sorry but Still Not Looking Good

165
Check out our latest GMTUSDT analysis which is on %80 profit right now.

GMTUSDT Analysis: Resistance and Strategy


GMTUSDT is currently facing some challenges, and it’s not looking particularly favorable in the short term. The red boxes are acting as significant resistance zones, where the price has struggled to break through in the past. As we know, these levels are likely to continue attracting selling pressure, so we need to be cautious here.

From a strategic standpoint, I’m still maintaining a bearish outlook until proven otherwise. The price hasn’t shown any significant bullish momentum yet, and these red zones could prove to be difficult for buyers to break through. If you’re considering shorting, look for confirmations on lower timeframes around these red boxes. A clear rejection or failed break above these levels could present a strong shorting opportunity.

That said, if the price does manage to break above the red zones with volume and confirms these levels as support, I’ll be open to considering long positions. However, I won’t rush into any trades without seeing a confirmed change in momentum.

Remember, patience and smart trading with confirmation are key to avoiding unnecessary risks. Keep an eye on these red boxes, but don’t jump the gun—let the market show its intention before acting. We’re here to follow a well-defined strategy, not chase every move. If the price pushes above these levels and holds, it could be time to look for a possible long entry, but until then, staying cautious and following the flow is the way to go.

Always use proper risk management, and don’t forget to trade with the plan you’ve set, using the confirmations that matter most.

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📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.

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I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..

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