GT is stable at $10.61. It's not sideways, it's making room for a new trend.
Price Action Insights GT's sideways movement is not weak, but steady. The characteristics of the main force's control are obvious: small fluctuations, steady turnover, and strong support below. This type of trend usually means — "The market is brewing, not dissipating." Key levels chart 📍 Hold above $10 = Major trend intact 📍 Stabilize above $11 = Entering the impact zone 📍 Break above $12 = New chapter begins Especially the range of 11.8 ~ 12.0 is a historic "node point" for GT, and a breakthrough often leads to a large-scale trend. Market Outlook Future three possibilities: 1️⃣ Moderate slow rise: 10.6 → 11.1 → 11.8 2️⃣ Trend acceleration: 10.6 → 12.0 → 13.5 3️⃣ Pullback and then counterattack: Drop to 10.2 → Stand back above 10.6 The current structure leans towards the first two types. "GT is quiet, but every time it exerts force, it makes a definitive statement." #Gate广场新手村第八期
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GT is stable at $10.61. It's not sideways, it's making room for a new trend.
Price Action Insights
GT's sideways movement is not weak, but steady.
The characteristics of the main force's control are obvious: small fluctuations, steady turnover, and strong support below.
This type of trend usually means —
"The market is brewing, not dissipating."
Key levels chart 📍 Hold above $10 = Major trend intact 📍 Stabilize above $11 = Entering the impact zone 📍 Break above $12 = New chapter begins
Especially the range of 11.8 ~ 12.0 is a historic "node point" for GT, and a breakthrough often leads to a large-scale trend.
Market Outlook
Future three possibilities:
1️⃣ Moderate slow rise: 10.6 → 11.1 → 11.8
2️⃣ Trend acceleration: 10.6 → 12.0 → 13.5
3️⃣ Pullback and then counterattack: Drop to 10.2 → Stand back above 10.6
The current structure leans towards the first two types.
"GT is quiet, but every time it exerts force, it makes a definitive statement." #Gate广场新手村第八期