๐ GRASS Analysis โ RSI Near Oversold, Support Test Incoming ๐
๐ฑ GRASS is part of the DePIN sector, gaining traction among altcoin enthusiasts. The token has seen a recent dip, sparking interest in its short-term setup.
๐ Technical Analysis
- Short-term trend: Bearish on the 1H chart
- Support: $0.72092
- Resistance: $0.84479
- Pattern: Sideways consolidation with lower highs
- Volume: Mild decline during pullbacks
- RSI: 38.67 โ approaching oversold territory
- Outlook: Bearish bias with potential for bounce near support
๐ฐ Market Data & News
- Price: $0.78376 (โ2.75% 24h)
- Market Cap: $191.16M
- Liquidity: $1.10M
- FDV: $783.76M
- Holders: 331,884
- No major headlines or listings at this time
๐ Scenario Breakdown
- Bullish Case: Bounce from $0.72 support with RSI reversal and volume spike
- Bearish Case: Breakdown below $0.72 confirms continuation toward $0.68 zone
๐ Sentiment Meter
๐ Bearish Bias โ Sellers in control, weak volume
โ ๏ธ Risk Level
๐ก Medium โ Some signals align, but confirmation needed
Will GRASS hold $0.72 or break lower into fresh territory? Drop your take below ๐
๐ This trade is part of a bigger pictureโclick the chart and take your position. Letโs build long-term success, one setup at a time. ๐ฌ Like, Follow & Share to stay ahead of the curve!
๐ข Not financial advice. Use this analysis as a learning tool, not a trading signal. DYOR and manage your risk.
GRASS #TheCryptoMalik