$GT – Strong bullish defense at key demand, and I’m watching for reversal structure.

I’m seeing price react exactly at 6.87 support after the recent selloff. Sellers pushed down aggressively, but there was no follow-through breakdown. That tells me this level is being defended.

On the 1H timeframe, structure shows repeated reactions between 6.87 and 7.09. The latest drop looks like a liquidity sweep below short-term support rather than a trend continuation. If buyers step in here, we get a short squeeze toward range highs.

Market Read
I’m treating 6.87 as key demand. As long as price holds above 6.83, the downside is limited. A reclaim of 6.97–7.00 shifts momentum back to buyers. Break above 7.09 opens expansion.

Entry Point
I’m entering between 6.88 – 6.93 with confirmation strength above 6.97.

Target Points
TP1: 7.05 – intraday resistance
TP2: 7.20 – breakout extension level
TP3: 7.45 – range expansion target

Stop Loss
6.79 – below demand and structure invalidation

How it’s possible
We already tested 6.87 multiple times without collapse. That means sellers are weakening. If price reclaims 6.97 and builds higher lows, trapped shorts fuel momentum toward 7.05 first. Break of 7.09 shifts structure bullish and triggers breakout traders, pushing toward 7.20 and beyond.

Risk is tight under demand. Reward sits above liquidity.

I’m trading the defense zone, not chasing weakness.

Let’s go and Trade now $GT