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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
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$GT is looking interesting
I’m interested here because GT just completed a clean downside sweep into a strong demand zone and immediately showed recovery strength. That flush near the lows looks like seller exhaustion, and the rebound tells me accumulation is quietly happening.
Market read
I’m seeing a sharp drop from the local high followed by a clear base formation. The long rejection from the lower zone shows buyers defended aggressively. The current higher-low structure and steady push upward suggest confidence is building, not panic. This looks like a reset phase after distribution.
Entry point
I’m planning my entry around 6.70 – 6.85, where price is holding structure and buyers are consistently stepping in.
Target point
TP1: 7.20
TP2: 7.60
TP3: 8.10
Stop loss
I’m placing my stop at 6.25. A clean break below this level invalidates the setup and I step aside.
How it’s possible
I’m trusting this setup because liquidity below has already been taken, selling pressure was absorbed near the lows, and price is rebuilding from a solid base. As long as this range holds, continuation toward higher resistance levels becomes the logical outcome.
I’m focused, patient, and ready for the next expansion.
Let’s go and Trade now $GT