GRT/USDT (4h) is contracting within a falling wedge⚡💥🔔
GRT/USDT consolidates within a falling wedge on the 4H chart, as price forms lower highs and lower lows while the structure continues to tighten near the wedge’s apex. At the same time, the Bollinger Bands’ width compresses to about 3.6%, indicating an unusually low volatility and increasing the likelihood of a stronger move once the pressure is released.
A confirmed breakout above the declining resistance near $0.0163–$0.0165 could trigger an upside rebound toward the main resistance zone at $0.0179–$0.0182. However, a breakdown below the lower wedge support would invalidate the bullish reversal scenario and favor further downside.
GRTUSDT
Perp
0.01667
+3.99%