$GRASS - SHORT Setup
Time Frame: 4H Chart (Day Trade)
Signal: Trading at ~$0.2905 below all key daily moving averages (all signaling SELL). Market sentiment is Bearish amid 'Extreme Fear' (Index: 23). RSI is neutral at 43.45.
Entry: $0.291 - $0.293
T1: $0.2876 (Classic Pivot S1)
T2: $0.2826 (Classic Pivot S2)
SL: Above $0.3017 (Classic Pivot R1)
Context: Price is in a clear downtrend, facing strong resistance near $0.3017. A break below immediate support at $0.2876 could accelerate the decline. The setup is invalidated if price reclaims $0.3017.