GMT Coin Price Jumps as Breakout Sparks Bullish Sentiment: Bigger Move Ahead?

As the new year begins, GMT has entered the 2026 with renewed strength, surprising the market posting 40% gains within a week. After months of price consolidation and sustained downward trend, GMT price

Over $1.55M of short positions were liquidated versus $355k of longs in the past 24 hours. This often confirms a bullish momentum.

Furthermore, the Open Interest (OI) rose sharply over 245% to $55.08M, denoting massive bets on long side positions.

Final Thoughts

GMT’s recent breakout and improving market structure could allow it to extend its recovery toward the 0.02600 barrier. If bullish momentum continues, GMT price may continue to push higher and may reach $0.0300 followed by $0.03600 ahead.

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