GT just rotated lower after failing to build momentum above 10.40, and the 15m structure is now sliding into a clean short term downtrend. Price is sitting around 10.32, right above the session low at 10.31, while all three moving averages slope downward. That alignment confirms sellers remain in control for now.
Liquidity thinned out near 10.38 to 10.42, which allowed a small cluster of market sells to push price quickly into the 10.32 zone. There were no signs of whale absorption on the way down, meaning larger players stepped back and let retail flows drive the move. Funding remains neutral across GT pairs, showing that the drop is not liquidation driven but more of a controlled fade after a weak attempt at reclaiming resistance.
Volume spiked on the breakdown candle, then cooled immediately. That pattern often appears when shorts take advantage of declining support but are not committing to a full trend extension. MACD sits almost flat but still under zero, signaling that momentum is bearish but not accelerating.
Key support now sits between 10.30 and 10.28. If buyers defend this layer with increasing volume, GT can rotate back toward 10.35 and begin rebuilding structure. A clean reclaim above 10.36 would shift the intraday bias back to neutral.
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GT just rotated lower after failing to build momentum above 10.40, and the 15m structure is now sliding into a clean short term downtrend. Price is sitting around 10.32, right above the session low at 10.31, while all three moving averages slope downward. That alignment confirms sellers remain in control for now.
Liquidity thinned out near 10.38 to 10.42, which allowed a small cluster of market sells to push price quickly into the 10.32 zone. There were no signs of whale absorption on the way down, meaning larger players stepped back and let retail flows drive the move. Funding remains neutral across GT pairs, showing that the drop is not liquidation driven but more of a controlled fade after a weak attempt at reclaiming resistance.
Volume spiked on the breakdown candle, then cooled immediately. That pattern often appears when shorts take advantage of declining support but are not committing to a full trend extension. MACD sits almost flat but still under zero, signaling that momentum is bearish but not accelerating.
Key support now sits between 10.30 and 10.28. If buyers defend this layer with increasing volume, GT can rotate back toward 10.35 and begin rebuilding structure. A clean reclaim above 10.36 would shift the intraday bias back to neutral.
If 10.28 breaks with strong sell volume, price could slide into the deeper liquidity pocket toward 10.22. For now GT is in a controlled pullback, with sellers holding the advantage until support attracts real bid strength.
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