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MyCryptoParadise
Mar 6, 2024 10:02 AM

GMT /USDT bullish ride from key demand? 👀 🚀 GMT today analysis Long

GMT / TetherUSBinance

Description

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💎 Paradisers, cast your eyes on #GMTUSDT! A striking trend has emerged as it finds its footing in a demand zone, hinting at an upcoming bullish journey.

💎 #GMT is threading through a descending channel and is on the verge of hitting a significant supply zone at $0.3203. As it approaches this supply level, keeping up the pace could drastically enhance the odds of breaking through. With sustained upward momentum, we're on track for promising bullish prospects.

💎 If the drive behind NZX:GMT starts to diminish, we're poised to seize a potential uplift from the key demand level at $0.2495. However, a descent below this critical juncture could signal a potential turn towards bearish territory.

💎 As always, ensure you're navigating with smart trading strategies and setting appropriate stop-losses! Keep an eye on the evolving market and stay tuned for further updates.
Comments
behdark
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Excellent analysis, keep it up
MyCryptoParadise
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@behdark, Thank you!
Shezzy09
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Update ?
Shezzy09
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Any chance to go 0.50 ?
MyCryptoParadise
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@Shezzy09, Yes!
Xanrox
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Nice! This scenario is definitely possible, thanks for sharing!
MyCryptoParadise
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@Xanrox, My pleasure!
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