$GRT is showing a Triple Top in 1hr chart , a classic bearish reversal pattern that could indicate a potential downside move ahead! 📉
🔸 Three consecutive tops have formed around the same resistance level, signaling strong selling pressure.
🔸 Price is struggling to break higher, which could lead to a trend reversal.
🔸 If support below 9400 fails, we might see a sharper drop!
📊 Possible Scenarios:
📉 Bearish Breakdown: A drop below 9400 could trigger a fall toward 9200 - 9000 as sellers gain control.
Increased sell volume would confirm this bearish move.
🪙 Bullish Rejection - If GRT breaks above 9800, the pattern could be invalidated, pushing price toward 10,200+.
Watch for a strong breakout with volume for confirmation.
A Triple Top is a warning signal, but confirmation is key! If #GRT breaks support, expect further downside, but if it smashes resistance, bulls could take over.