$GRT Infrastructure Bulls Aim Higher: Targets in Sight 🎯! 🚀
On the 1h timeframe, $GRT currently at $0.1016, up by a solid +6%! The 24h high is $0.1020, with a significant volume of 63M GRT and 6M USDT. The RSI is very high at 81, indicating strong buying pressure.
✅ Key Observation:
#GRT is showing strong upward momentum on the 1-hour chart, testing its 24h high.
next Next Potential targets:
🎯 $0.1020 (24h high - immediate resistance)
🎯 $0.1040 (potential next resistance level)
🎯 $0.1100 (potential further resistance if breakout occurs)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.0980 (potential near-term support zone)
🛑 Stop Loss: $0.0970
📈 **Potential Price Path in the Next Hours/Days:**
#GRT is exhibiting strong bullish momentum as it challenges its 24-hour high of $0.1020. A sustained break above this level with increasing volume could lead to a rapid move towards the $0.1040 resistance and potentially extend towards the $0.1100 mark. This breakout would likely confirm continued bullish momentum within the infrastructure sector. However, given the high RSI, be prepared for potential volatility and a possible pullback if the buying pressure wanes. A stop loss is suggested below the identified support level to manage risk.
Buy and trade here on $GRT