$GRASS is trading around 0.69409 after a 6.67% decline. Sellers currently have the stronger short-term momentum, so I’m looking for stabilization before considering a recovery setup.
The 0.69000 area is important for the setup. If buyers can defend it and reclaim 0.70500, the recovery could gain strength. Losing 0.68500 would weaken the bullish structure.
Trade Setup:
Entry Zone: 0.69000–0.69700
Take Profit 1: 0.71000
Take Profit 2: 0.73000
Stop Loss: 0.68200
The 0.69000 area is important for the setup. If buyers can defend it and reclaim 0.70500, the recovery could gain strength. Losing 0.68500 would weaken the bullish structure.
Trade Setup:
Entry Zone: 0.69000–0.69700
Take Profit 1: 0.71000
Take Profit 2: 0.73000
Stop Loss: 0.68200