🚨 $GRASS MACRO TRENDLINE HOLDING STRONG! 🚨
The 4H chart for GRASSUSDT is printing a beautiful ascending structure. Buyers just defended the diagonal support for almost sixth time, bouncing perfectly to reclaim the EMA 5! 📈
Here is the exact setup to watch:
🚧 The Ceiling:
We are rapidly approaching the heavy red resistance box at 0.5300. This zone heavily rejected the price earlier this week and remains the ultimate barrier to clear.
🎯 The Target:
A clean break and 4H close above 0.5300 opens the floodgates for a macro run straight up to the 0.6002 level.
🛡️ The Floor:
If a rejection occurs at resistance, the rising white trendline and the 0.3979 green horizontal level are the critical defense zones for the bulls.
While the trendline bounce provided a high-confluence entry, entering fresh longs right under major resistance carries risk. The safest technical play is waiting for a confirmed breakout-and-retest of 0.5300 or looking for the next shallow higher-low to form along the trendline.
#grass #GRASSUSDT #cryptotrading #TechnicalAnalysis
#SpotSilverRises3%To$60.10
$EPIC
$NFP
The 4H chart for GRASSUSDT is printing a beautiful ascending structure. Buyers just defended the diagonal support for almost sixth time, bouncing perfectly to reclaim the EMA 5! 📈
Here is the exact setup to watch:
🚧 The Ceiling:
We are rapidly approaching the heavy red resistance box at 0.5300. This zone heavily rejected the price earlier this week and remains the ultimate barrier to clear.
🎯 The Target:
A clean break and 4H close above 0.5300 opens the floodgates for a macro run straight up to the 0.6002 level.
🛡️ The Floor:
If a rejection occurs at resistance, the rising white trendline and the 0.3979 green horizontal level are the critical defense zones for the bulls.
While the trendline bounce provided a high-confluence entry, entering fresh longs right under major resistance carries risk. The safest technical play is waiting for a confirmed breakout-and-retest of 0.5300 or looking for the next shallow higher-low to form along the trendline.
#grass #GRASSUSDT #cryptotrading #TechnicalAnalysis
#SpotSilverRises3%To$60.10
$EPIC
$NFP