$GT showing early signs of bullish recovery after defending the 7.04 demand zone, and I’m seeing a potential reversal structure forming on the 1H timeframe.

Price swept 7.04, wicked below support, and quickly reclaimed the level. That tells me liquidity below has been taken and sellers failed to push continuation. The recent drop toward 7.00 looks like a final shakeout rather than strong expansion.

I’m watching this for a controlled bounce setup.

Market Read
I’m seeing higher lows forming after the 7.04 sweep.
Selling pressure is weakening on each push down.
Price is compressing just above psychological 7.00 support.
If buyers step in with volume, expansion toward 7.20+ becomes likely.

This is a reclaim-based setup, not blind buying.

Entry Point
Primary long entry: 7.02 – 7.08 (demand retest zone)
Confirmation entry: Break and hold above 7.15

Target Points
TP1: 7.18
TP2: 7.24
TP3: 7.32

Stop Loss
6.94 (clean break below demand invalidates setup)

How It’s Possible
I’m expecting a bounce from compressed liquidity sitting under 7.00. Market already swept 7.04 once and held. If buyers defend again and we reclaim 7.15, structure shifts into short-term bullish continuation. That opens the path toward prior highs near 7.27 and potentially 7.32.

If 6.94 breaks with strong volume, then demand failed and downside expansion follows.

Risk Management
I’m scaling in light at demand and adding only after confirmation. No chasing, only structured entry.

Momentum is building quietly.

Let’s go and Trade now $GT ‌