🍔 Technical Analysis: Stepn (
$GMT )
Market capitalization: $48M.
GMT continues in a prolonged downtrend.
Since the start of the year, the token has lost more value despite the rewards halving on January 1st, which cut GMT emissions by 50%.
🟡 On the chart, we see a classic picture: price is making lower lows, forming a descending channel. Currently, there's a small upward correction, but for now it looks like a breather before the decline continues.
How to trade❔
For selling:
💬 Wait for a break of the current local low.
Stop-loss — behind the nearest extremum.
💬 Target — the area of histo