GMT / TetherUS

GMT has rebounded from resistance and is gaining energy. 4HCHART

550
Hello everyone, let's take a look at the GMT to USDT chart over the 4 hour timeframe.
As you can see, the price is moving above the local trendline.

Let's start by identifying the stop loss we have in the near future:

SL1 - $ 1.1154
SL2 - $ 1,0001
SL2 - $ 0.9968

Now let's move on to the goals we may consider:

T1 - $ 1.2724
T2 - $ 1.3890
T3 - $ 1.5492

Looking at the CHOP indicator, we can see that in the 4H interval we have a lot of energy for the next move, while in the MACD indicator we see that the blue line crosses the red one from above, which could potentially lead to a further decline in the price.
Be careful and use stoploss in the short-term game.

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