Alright, listen closely for a moment — this move didn’t come out of nowhere, and the chart is speaking clearly now.
$GMT just showed a sharp impulse after holding a tight consolidation base, followed by a clean breakout with strong momentum. Price exploded from the demand zone and is now cooling off after the spike, which is healthy behavior, not weakness. This kind of move usually signals that buyers are active and dips are getting absorbed rather than sold into. As long as price holds above the breakout area, the structure stays bullish and continuation remains on the table.
I’m watching this as a pullback long opportunity, not a chase. Let price settle, let impatience wash out, and then look for continuation from support.
Trade Setup
Long Entry: 0.0147 – 0.0149
Target 1: 0.0156
Target 2: 0.0162
Target 3: 0.0170
Stop Loss: 0.0142
Short Outlook
If $GMT fails to hold above the breakout zone and slips back below 0.0142 with volume, bullish momentum weakens and a deeper retrace toward the previous range becomes likely. Until then, bias stays cautiously bullish.
