short-term trade plan for GT/USDT $GT ‌#GateLaunchesPreIPOS

Current Price: 6.64 USDT (+1.53%)
24h Range: 6.48 – 6.76
Bollinger Bands (20,2): UB 6.76 / MB 6.68 / LB 6.60
MACD: ~0 (very weak momentum, nearly flat)
🔹 Trade Type: Range Scalp (Mean Reversion)
Entry (Long):
· Zone 1 (Conservative): 6.60 – 6.62 (near lower band + support area)
· Zone 2 (Aggressive): 6.64 (current price, if price holds above LB)
Stop Loss:
· 6.57 (below LB and 24h low)
Take Profit Targets:
· TP1: 6.68 (middle band – first resistance)
· TP2: 6.74 – 6.76 (upper band + 24h high)
Risk/Reward (approx.):
· Risk: ~0.07
· Reward to TP1: ~0.04 → ~0.57 : 1 (tight)
· Reward to TP2: ~0.12 → ~1.7 : 1 (better)
🔸 Alternative: Short (if price rejects MB)
· Entry: 6.67 – 6.69 (near middle band)
· Stop: 6.72
· Target: 6.61 – 6.60
📌 Notes
· MACD is neutral – no strong trend. Best for quick scalps, not holds.
· Volume is low (97K GT in 24h) → wider spreads possible.
· Wait for price to touch LB (6.60) for best long entry.