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$GT / USDT (1H) — Supply Rejection
Bias: Short
Entry (Zone): 7.08 – 7.13
Targets:
TP1: 7.00
TP2: 6.90
TP3: 6.80
Stop Loss: 7.18
Why this Setup:
Price is trading right into a clear supply zone near the recent highs, after a strong push up. This area has a higher chance of profit-taking and rejection, especially if buyers struggle to break and hold above the top of the range. A pullback from here would be a natural move back into the prior structure, with room to rotate toward 7.00 first, then deeper into the mid-range and the highlighted demand zone around 6.8 if selling pressure picks up.
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