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GMT / TETHER Standard Futures

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GMTUSDT.PS trade ideas

GMT/USDT upward momentum from demand? 🚀GMT Today Analysis💎 Paradisers, take a moment to focus on #GMTUSDT, which is currently presenting an interesting scenario. It's trading in a demand zone, indicating a heightened chance of a bullish trend emerging. 💎 Recently, the #GMT showed respect for the resistance at $0.3468. Now, with the price gaining momentum in the demand zone, if this upward momentum is sustained, there's a strong likelihood of a bullish move. Should this trend continue, #GMTUSDT might aim for the higher resistance level at $0.4934. 💎 It's essential to remember the fluid nature of the crypto market, where adapting strategies is key. Should #GMT encounter difficulties in holding above the demand zone, a strategic reassessment might be necessary. 💎 This could mean anticipating a bullish recovery from a lower support level around $0.2341. Importantly, a fall below this secondary support level could be indicative of a potential shift to a bearish market trend. 🌴💰
Long
by MyCryptoParadise
1
#GMT/USDT - Long - Potential 26%Strategy: Long Exchange: BYBIT Account: Spot Entry mode: Market order in range Invest: 5% Exit: • Target 2 : 0.4265 26.78% • Target 1 : 0.3724 10.7% Entry: 0.3364 ⌁ 0.3364 • Current market price: 0.3364 Stop: 0.2918 (-13.26%) Technical indicators: Trendbreak and nascant uptrend forming. I'm putting my TP's at the median and 0.5 deviation of the uptrend and SL below the 2955 support. This is the second attempt to break the 3164 resistance and I'm banking on the last break at the back end of November clearing out the overhead sells. BTC OI dominance is falling and alts have had a nice run, hopefully this filters through to the smaller caps like GMT that are building their own uptrends. What do you think? • ⎿ 24h Volume: 2448101.735037 • ⎿ Satoshis: 0.3364 • ⎿ Analysis: TradingView
Long
by CryptoNicho
GMT Embrace the Future of Finance: Invest in Crypto Today 💰Sure, here is a short fundamental analysis, recent news, and disclaimer for GMT coin: **Fundamental Analysis** **GMT** is the native token of stepN, an NFT-based fitness application with a gamified approach to encourage users to exercise. The token is used for various purposes within the app, including: * Paying for in-app purchases, such as shoes and accessories * Staking to earn rewards * Voting on governance proposals **StepN has experienced rapid growth in recent months, with its user base and token price increasing significantly.** The app's popularity is attributed to its unique combination of fitness and gamification, which has appealed to a broad audience. Additionally, the token's utility within the app has further boosted its value. **Recent News** * StepN has announced a number of partnerships and integrations, including with major fitness brands and blockchain platforms. * The company has also been actively developing new features for the app, such as a social component and a metaverse integration. * GMT has been listed on a number of major cryptocurrency exchanges, increasing its accessibility to a wider audience. **Disclaimer** **Please note that I am not a financial advisor and this information is not intended to be financial advice.** Please do your own research before investing in any cryptocurrency. **Risks Associated with Investing in GMT** * **Cryptocurrency markets are highly volatile and prices can fluctuate significantly.** * **The GMT token is a relatively new project and there is no guarantee of its success.** * **The stepN app is subject to regulatory scrutiny and could be banned in certain jurisdictions.** **Investing in GMT should only be considered by investors who are comfortable with high-risk investments.**
Long
by MoonTradingForecast