BINANCE:GMTUSDT.P   GMT / TetherUS PERPETUAL CONTRACT
Using Fib retracement on smaller and bigger waves shows the red box is an interest for sellers to get into the trade. Using a Fib Extension, it points this area as a strong sell.

Also, there is Daily order block here that Volume supports this area for a short position.
Trade active:
TP is
0.2067

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