Analysis of the asset GT (GT/USDT)

The GT/USDT chart shows the development of a clearly defined trend corresponding to Elliott’s wave theory. Let’s take a detailed look at the current situation and possible scenarios. The source text to be translated is empty.

🌟 **

Please enter the text to be translated. Analysis of the GT asset (GT/USDT): Technical picture and prospects** 🌟

🔑 Key support and resistance levels

1. Resistance: 💎 * $13.413 is the current level where the price is “stuck”. 🚀 * $14,000 is a strong zone for continued growth.
   • 🎯 $16,000 - target zone for the fifth wave.
2. Support:

• 🛡️ $12,000 - the nearest correction level. 🧱 * $10.689 is an important volume zone (VPVR).
  • ⚡️ $5.587 - long-term support.

📊 Indicators

1. Ichimoku 🌥️:
   • The price is above the cloud, indicating an upward trend. However, a pullback to $12,000 is possible to test the lower boundary.
2. Bollinger Bands 📉:
   • The ranges are starting to narrow, indicating consolidation before a strong move.
3. VPVR 📈: The main volume is concentrated in the $10,689-$11,485 zone, making this area important for maintaining the upward momentum.

🌊 Elliott Wave Analysis

1. Current Structure:
   • Wave (4) is currently forming, which is likely to end in the $12,000 zone.
   • Wave (5) is expected in the range of $15,000–$16,000.
2. Risks:

• Breaking the $12,000 level could lead to a deeper correction to $10,689.

🔮 Possible scenarios

1. Bullish scenario 🐂:
   • The price holds above $12,000 and continues to rise to $14,000 and then to $16,000 within wave (5).
2. Bearish scenario 🐻:

• A breakthrough of $12,000 could lead to a pullback to the $10,689 area, where accumulation before a new impulse is possible.

🤔 What do I think as a specialist:

GT demonstrates strong growth potential, especially if it consolidates above $13,413. The wave structure supports the possibility of a move towards $16,000, but a small correction is logically expected before that. For long-term investors, the $12,000 zone looks promising for entry with minimal risks.

⚡️ My recommendations:

📌 * Buy: Consider positions in the zone $12,000–$12,500 with targets $14,000–$16,000.

• 📉 Stop-loss: Below $11,500. 🛑 * Risks: Keep an eye on the volumes in the $13.413 zone – a breakout or pullback from this level will determine the short-term movement.

Please provide the text to be translated. ** 💡 Important:** This analysis is not financial advice, but my vision of the market. Do your own research before making decisions.

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