Structure: Sideways consolidation, slightly bearish. Price is at $10.24, facing strong resistance in the $10.35–10.39 zone. • Support: $10.15 is critical. A break below may test $10.00. • Momentum: Long upper shadow = hesitation. Currently, sellers are more dominant during rebounds. • Background: Token burns in Q1 2026 + Gate L2 expansion are bullish long-term factors, but short-term liquidity is weak. Trading levels • Bullish idea: Buy around $10.15–10.25 after confirmation • Target: $10.39 → $10.65 • Stop-loss: $10.10 • Bearish idea: Break below $10.15 • Target: $10.00 → $9.80 • Stop-loss: $10.30 Bottom line: Expect trading within the $10.15–$10.35 range. The best risk-reward ratio is to go long after confirming support, rather than chasing the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$GT $GT /USDT
Structure: Sideways consolidation, slightly bearish. Price is at $10.24, facing strong resistance in the $10.35–10.39 zone.
• Support: $10.15 is critical. A break below may test $10.00.
• Momentum: Long upper shadow = hesitation. Currently, sellers are more dominant during rebounds.
• Background: Token burns in Q1 2026 + Gate L2 expansion are bullish long-term factors, but short-term liquidity is weak.
Trading levels
• Bullish idea: Buy around $10.15–10.25 after confirmation
• Target: $10.39 → $10.65
• Stop-loss: $10.10
• Bearish idea: Break below $10.15
• Target: $10.00 → $9.80
• Stop-loss: $10.30
Bottom line: Expect trading within the $10.15–$10.35 range. The best risk-reward ratio is to go long after confirming support, rather than chasing the market.