GRASS 25% surge with bullish 1H structure — buyers are still defending the breakout
My bias is bullish on the 1H as GRASS has reclaimed the 0.69 area and is holding above both the Supertrend at 0.6213 and SAR at 0.6903. The breakout from 0.5370 shows strong momentum, but price is now consolidating below the 0.7478 swing high, so chasing here carries more risk.
Key levels:
Resistance: 0.7120, then 0.7478
Break and acceptance above 0.7478 could open 0.7584+
Preferred pullback zone: 0.6900–0.6656
Deeper support: 0.6213
Bullish invalidation: sustained 1H close below 0.6213
MACD remains positive while RSI is around 67.7, showing strong momentum but approaching the overbought zone. A clean reclaim of 0.7120 followed by a breakout above 0.7478 would strengthen the continuation setup.
No chase. Wait for the pullback or confirmed breakout.
#GRASS #CryptoTrading #Altcoins #Binance #CryptoMarket $GRASS
My bias is bullish on the 1H as GRASS has reclaimed the 0.69 area and is holding above both the Supertrend at 0.6213 and SAR at 0.6903. The breakout from 0.5370 shows strong momentum, but price is now consolidating below the 0.7478 swing high, so chasing here carries more risk.
Key levels:
Resistance: 0.7120, then 0.7478
Break and acceptance above 0.7478 could open 0.7584+
Preferred pullback zone: 0.6900–0.6656
Deeper support: 0.6213
Bullish invalidation: sustained 1H close below 0.6213
MACD remains positive while RSI is around 67.7, showing strong momentum but approaching the overbought zone. A clean reclaim of 0.7120 followed by a breakout above 0.7478 would strengthen the continuation setup.
No chase. Wait for the pullback or confirmed breakout.
#GRASS #CryptoTrading #Altcoins #Binance #CryptoMarket $GRASS