🔹 Current price: $0.4017 (+88.68%)
🔹 Maximum in 24 hours: $0.4680 | 🔻 Minimum in 24 hours: $0.2129
🔹 Volume in 24 hours ($CGPT): 165.16 million | Volume in 24 hours (USDT): 64.26 million
📈 Trading Strategy:
Entry point: $0.4017
Target: $0.4680 (maximum in 24 hours)
Stop-loss: $0.3685 (local support level)
🔮 Market Analysis:
CGPT shows significant growth (+88.68%) over the last 24 hours, indicating high trader interest. The price reached a local high of $0.4680 and has pulled back to current levels. If the price holds above $0.4017, testing $0.4680 may occur. However, high volatility of the token should be considered, which could cause short-term corrections.
💡 Recommendations:
Open positions around $0.4017 with a target of reaching $0.4680.
Set a stop-loss below $0.3685 to minimize risks.
Watch the volumes: their further increase may confirm the upward momentum.
📌 About the CGPT token:
CGPT (ChatGPT Token) is a cryptocurrency created to support the ecosystem of artificial intelligence and machine learning. The token is used to pay for services related to AI models and to incentivize developers. Its primary purpose is to facilitate interaction between users and providers of AI solutions. High trading volume indicates market participants' interest, which may be related to the growing popularity of AI-based applications.