$GTC

- A sharp rise drives optimists towards higher targets

The price of $GTC increased from $0.286 to a peak of $0.546, marking a notable rise of 90% within hours. This sharp increase was supported by strong trading volume, pushing the price well past previous resistance levels. After reaching the peak, a brief pullback found support near $0.445, where optimists are now trying to regain their momentum. Maintaining this support above this level could push the price towards its highest levels.

Setting up the buy trade:

Entry price: $0.450 - $0.460

Stop loss: $0.430

Targets:

Profit price 1: $0.502

Profit price 2: $0.546 (highest recorded price)

Profit price 3: $0.565 or more in case of continued strength of the breakout

A strong close above $0.502 is likely to confirm bullish dominance and pave the way for another upward wave.