After getting crushed from the 1.04 area down to 0.16, GRASS is finally showing strong recovery momentum..!
Long Entry: $0.50 - $0.54
🎯 TP 1: $0.62
🎯 TP 2: $0.74
🎯 TP 3: $0.88
🛑 Stop Loss: $0.44
Analysis:
Current structure looks much stronger compared to earlier sessions. Price reclaimed momentum rapidly from the lows and buyers are now defending higher levels instead of fading immediately.
Open Interest is rising sharply together with price, which usually signals fresh positioning entering the trend rather than just a temporary bounce.
Taker buy volume also started dominating near the latest breakout candles, showing aggressive buyers stepping in again after consolidation.
What I’m watching: • price holding above 0.50
• continued OI expansion
• strong buy volume on dips
• breakout continuation above 0.55
Main risk here is volatility after such a strong recovery move. If buy pressure suddenly weakens while OI stays elevated, quick pullbacks can happen fast.
As long as momentum stays intact, bulls still control the short-term structure.
🚫 DYOR
