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[Market Update] GT/USDT Analysis – Short-Term Bearish Momentum
As of the latest 15-minute interval, GT/USDT is trading at 21.415, down 1.3% over the last 24 hours. The pair is currently experiencing downward pressure, as shown by the descending pattern of lower highs and lower lows.
Key highlights:
24h High: 22.040
24h Low: 21.309
MA5, MA10, and MA30 are all trending downward, signaling short-term bearish momentum.
Volume remains steady with 540.14K GT and 11.68M USDT exchanged in the last 24 hours.
Immediate support lies near 21.309, with resistance around 21.580.
The price action suggests a cautious approach for short-term traders, with potential for further downside unless strong buying volume enters the market.
Stay updated and manage your risk accordingly. Trade responsibly on Gate.io.
#Gateio #CryptoTrading