🚨 GMT (STEPN Token) Sees Quick Bounce — What’s Behind It?
$GMT has regained strength in the past hours, trading around $0.018 after bouncing from oversold conditions and attracting fresh volume. Technical indicators show short-term rebound potential, with RSI coming up from oversold and MACD signaling bullish momentum.
This move isn’t purely random — traders are also reacting to speculation around resumed exchange activity after previous network issues and lingering optimism from past high-profile STEPN events like Genesis Drops and collaborations, which can briefly tighten supply.
📈 What to watch next:
If current buyers sustain support above key levels, GMT could extend its recovery — but broader market sentiment and liquidity issues (like halted Polygon transfers on some exchanges) can still trigger volatility.
Short-term moves matter, but long-term recovery depends on real utility adoption and technical fixes.
#gmt #crypto #altcoins #MarketUpdate
