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STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out? -Breaking

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STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out?

The last 30 days have seen a massive decline in STEPN (GMT), prices. This may be accelerating.

GMT’s price has Rebounded nearly 35% — from $0.80 on May 27 to $0.99 on May 28. Interestingly, the upside retracement started after the price fell in the same range, which had acted as support before GMT’s 500% and 120% price rallies in March and early May, respectively.

Daily price chart. Source: TradingView
GMT/USD Daily Price Chart with Fib Support/Resistance Levels TradingView
GMT/USD daily correlation coefficient. TradingView
Daily price chart for GST/USD Source: TradingView