Pressure below $GRT starts to feel truly real. Area 0.03180 has already broken through, and if the retest fails, the lower space can still open up.
Entry 0.03158–0.03180
TP1 0.03103
TP2 0.02808
SL 0.03205
On the 15m timeframe, the last downward candle came together with a larger volume, while funding is still positive and the long position side looks more crowded. So after the breakdown, quite a number of positions are still standing on the upper side.
What makes the move interesting is that the higher timeframes haven’t broken yet. 1h and 4h still have an upward structure; it’s just that price has already moved far from its average area. So right now, GRT is like it’s being pulled in two directions—short-term selling pressure versus the larger structure that’s still holding on.
Entry 0.03158–0.03180
TP1 0.03103
TP2 0.02808
SL 0.03205
On the 15m timeframe, the last downward candle came together with a larger volume, while funding is still positive and the long position side looks more crowded. So after the breakdown, quite a number of positions are still standing on the upper side.
What makes the move interesting is that the higher timeframes haven’t broken yet. 1h and 4h still have an upward structure; it’s just that price has already moved far from its average area. So right now, GRT is like it’s being pulled in two directions—short-term selling pressure versus the larger structure that’s still holding on.
