GRT continues to maintain its dominant downtrend, following a confirmed breakdown from the ascending broadening formation.
Price is now approaching the 1:1 measured-move target, which aligns with the highlighted projected drop zone, suggesting the bearish leg is nearing completion. From this demand region, the primary expectation is a strong bullish reaction, with the zone acting as a solid base for accumulation.
A sustained bounce from this level could initiate a recovery rally toward the immediate supply, and potentially extend into the major supply zone, placing $1.00 as a realistic upside objective if structure shifts favorably.
GRTUSDT
Perp
0.02626
-1.86%