$GRASS is showing a strong bullish breakout on the 1H chart after forming a base near 0.34. The market stayed in accumulation for some time and then buyers pushed the price above the 0.40 resistance zone.
A strong momentum candle moved the price quickly toward 0.47 and the Super trend indicator is now rising below the candles which confirms the bullish trend. After a sharp pump the price is now consolidating between 0.45 and 0.47 which often happens before either continuation or a small pullback to support.
Trade setup for $GRASS
Entry zone 0.455 to 0.462
Stop loss 0.418
Take profit 1 0.485
Take profit 2 0.505
Take profit 3 0.528
If price holds above the 0.45 support area buyers may attempt another breakout toward the 0.48 and 0.50 levels. A strong move above 0.472 can trigger more momentum as breakout traders enter the market.
However if price drops below 0.418 the bullish structure could weaken and a deeper pullback toward 0.40 may occur. Manage risk carefully and follow confirmation before entering the trade. 📈#PCEMarketWatch #BTCVSGOLD #crypto #altcoins #grass