$GRT /USDT BEARISH CONTINUATION SETUP
Market Structure:
Price action is showing weakness after failing to hold above the recent intraday highs. Lower highs and rejection from the upper range indicate sellers are still in control. Volatility remains compressed, hinting at a potential expansion to the downside.
Technical Outlook:
Price is trading below short-term dynamic resistance
Moving averages are acting as overhead pressure
Momentum indicators suggest bearish continuation rather than reversal
The structure favors range breakdown over upside expansion
Trade Plan – SHORT SETUP:
Entry: On rejection from the resistance zone or minor pullback
Target 1: Previous range low
Target 2: Range breakdown extension zone
Target 3: Liquidity pocket below support
Stop Loss: Above the recent swing high / invalidation level
Bias: Bearish until a strong structure break and close above resistance confirms trend reversal.
Risk Management:
Risk only a small portion of capital per trade, wait for confirmation before entry, and always respect the stop loss to protect consistency.
#TechnicalAnalysis #CryptoTrading #BearishSetup #PriceAction #RiskManagement $GRT