GTAIUSDT (Crypto)

🏦 #GTAIUSDT (GT Protocol)
🕓 Time Frame : 4H
🔼 Status : Bullish
📆 26/07/2024

Overview:
Let's dive into another analysis of #GTProtocol! The price moved exactly as expected, rising from the identified demand zone and achieving a solid 25% growth, hitting the target at $0.91 where the liquidity pool was located. This was followed by a price correction. Over the past two weeks, this analysis has yielded a total return of over 65%.

Key Observations:
Initial Rise: The price rose from the demand zone and achieved 25% growth, reaching $0.91.
Correction: After hitting the target, the price experienced a correction.
Current Market Situation:
Demand Zone: The price has returned to the demand zone between $0.63 and $0.67.
Stabilization: If the price stabilizes above this crucial level, another upward move is anticipated.

Forecast:
Short-Term Return: Expected return of 40%.
Medium-Term Return: Potential to exceed 70%.

Conclusion:
GTProtocol's price action has followed the expected path, achieving significant gains. With the price back in the demand zone, the potential for further growth remains strong if stabilization occurs above the $0.63 to $0.67 range.

Keep an eye on the 7400 level, it may cause stress :)