$GRASS Losing Momentum Near Resistance:
$GRASS had a strong breakout from 0.39 → 0.55, but now the chart is showing exhaustion and sideways distribution under resistance.
Multiple rejections near 0.55 with weaker candles suggest buyers are slowing down short term.
Trade Plan 🎯
Short Setup:
Entry: 0.528 – 0.535
SL: 0.548
TP1: 0.505
TP2: 0.482
TP3: 0.455
I would only invalidate this bearish setup if GRASS breaks and closes strongly above 0.558 with volume expansion.
$GRASS had a strong breakout from 0.39 → 0.55, but now the chart is showing exhaustion and sideways distribution under resistance.
Multiple rejections near 0.55 with weaker candles suggest buyers are slowing down short term.
Trade Plan 🎯
Short Setup:
Entry: 0.528 – 0.535
SL: 0.548
TP1: 0.505
TP2: 0.482
TP3: 0.455
I would only invalidate this bearish setup if GRASS breaks and closes strongly above 0.558 with volume expansion.