$GRT /USDT Analysis and Trading Strategy 🔐🔑👇
Current Price: $0.0965
Timeframes Analyzed: 1H & 1D
Formed Candle & Chart Pattern Insight:📊📉
On the 1H chart, a clear Break of Structure (BOS) has led to strong bullish momentum.
The price bounced sharply from the $0.0937 demand zone, forming higher highs with strong bullish candles.
On the 1D chart, CHoCH (Change of Character) is confirmed, signaling a potential trend reversal.
Trend Signal:📉
Both 1H and 1D are showing a higher high – higher low formation.
Stochastic RSI (1H: 95.19 & 90.13 | 1D: 93.37 & 89.52) is currently in an overbought zone, suggesting a short-term pullback is possible.
Why Bullish?🤔🔥
Strong push from a demand zone
CHoCH followed by BOS – clear indication of a reversal
Breakout is supported by healthy volume
$GRT Price is attempting to sustain above key moving averages on the 1D chart
Potential Targets:🎯
Immediate Resistance: $0.0985
Breakout Continuation Target: $0.1045
Long-Term Resistance: $0.1178 (200 EMA zone)
Buy the Dip Strategy:✅
If the $GRT price pulls back into the $0.0915–$0.0935 zone, it could offer a solid re-entry opportunity for bulls.
👨❤️👨“Patience and discipline are the real profits of any bullish trend. Understand the chart – don’t chase the price.”
Disclaimer: ⚠️
This analysis is for educational purposes only. The crypto market is highly volatile – trade according to your own risk appetite.