$GRT
(1H Update): Demand Block Holding & Lower-Timeframe Rejection
Following up on our earlier analysis, here is the technical assessment on the 1-hour timeframe as price action reacts directly inside our identified Point of Interest (POI).
The market has swept the immediate Sell-Side Liquidity (SSL) and printed a clear rejection wick off the lower demand zone, signalling that buyers are stepping in to defend this structural base.
🧠 Technical Breakdown & Confluence:
Demand Zone Liquidity Sweep: Price briefly tapped down to the 0.01413 – 0.01418 level to sweep lower-tf stops before instantly finding aggressive bid support.
RSI Divergence / Reset: The 1H RSI (14) printed a deep exhaustion low below the 30 oversold boundary (dropping near 25) and has now hooked upward to 35.48, crossing above its signal line (32.79). This confirms momentum is shifting back in favor of buyers.
Market Structure: As long as price holds above the invalidation zone at 0.01400, the structural bias remains bullish for an expansion toward the upper supply zones.
🎯 Execution Parameters:
Current Price: 0.01421
Primary Resistance (TP 1): 0.01459 (First structural liquidity pool to de-risk and move SL to entry).
Macro Equilibrium Target (TP 2): 0.01507 (1H/4H trendline confluence and Equilibrium level).
Invalidation (SL): 0.01400 (Strict invalidation point directly below the demand block).
Strategic Takeaway:
With the lower-timeframe rejection confirmed and RSI curving upward from deep oversold territory, the risk-to-reward ratio on this setup remains exceptionally high. Manage risk strictly according to parameters as price progresses toward intermediate resistance at 0.01459.
(1H Update): Demand Block Holding & Lower-Timeframe Rejection
Following up on our earlier analysis, here is the technical assessment on the 1-hour timeframe as price action reacts directly inside our identified Point of Interest (POI).
The market has swept the immediate Sell-Side Liquidity (SSL) and printed a clear rejection wick off the lower demand zone, signalling that buyers are stepping in to defend this structural base.
🧠 Technical Breakdown & Confluence:
Demand Zone Liquidity Sweep: Price briefly tapped down to the 0.01413 – 0.01418 level to sweep lower-tf stops before instantly finding aggressive bid support.
RSI Divergence / Reset: The 1H RSI (14) printed a deep exhaustion low below the 30 oversold boundary (dropping near 25) and has now hooked upward to 35.48, crossing above its signal line (32.79). This confirms momentum is shifting back in favor of buyers.
Market Structure: As long as price holds above the invalidation zone at 0.01400, the structural bias remains bullish for an expansion toward the upper supply zones.
🎯 Execution Parameters:
Current Price: 0.01421
Primary Resistance (TP 1): 0.01459 (First structural liquidity pool to de-risk and move SL to entry).
Macro Equilibrium Target (TP 2): 0.01507 (1H/4H trendline confluence and Equilibrium level).
Invalidation (SL): 0.01400 (Strict invalidation point directly below the demand block).
Strategic Takeaway:
With the lower-timeframe rejection confirmed and RSI curving upward from deep oversold territory, the risk-to-reward ratio on this setup remains exceptionally high. Manage risk strictly according to parameters as price progresses toward intermediate resistance at 0.01459.