GRT MARKET STRUCTURE ANALYSIS
It's a clean breakout above $0.02545, and I'm watching $GRT as it's hovering near the support zone, with the current price representing a 0.01% increase from the lower end of the range. The volume profile indicates a slight decrease in buying pressure, which could lead to a retest of the lower end of the range. $GRT shouldn't have issues holding above this level, with a potential target of $0.02650, representing a 4.1% increase from current prices if $GRT can sustain above $0.02580.
$GRT is trading at a 3.3% discount to its mid-range level of $0.02624, it's crucial for $GRT to hold above the support zone to maintain a neutral bias. Funding rates are relatively stable, which suggests that market participants aren't overly bearish on $GRT.
The order blocks formed near $0.02580 should provide a decent level of support, and a move above $0.02624 could lead to a retest of the resistance zone at $0.02702.
$GRT