To get straight to the point, with moves like $GRASS —breaking above a one-year high on strong volume—I usually pay less attention to the day itself and more to the next day.
The reason is simple: everyone can see that trading volume was twice the usual amount that day. A genuine breakout often holds above 0.8473 the following day, while a failed one tends to slip back within a day or two.
This time, the current price of 0.8368 has already moved back into the range, so personally, I’d keep watching for a while. Share your thoughts in the comments 👇
#GRASS
The reason is simple: everyone can see that trading volume was twice the usual amount that day. A genuine breakout often holds above 0.8473 the following day, while a failed one tends to slip back within a day or two.
This time, the current price of 0.8368 has already moved back into the range, so personally, I’d keep watching for a while. Share your thoughts in the comments 👇
#GRASS