Trading Signals for $GRASS
Action: Short-Term
Entry Range: $2.31 - $2.40
SL: Suggested Stop Loss: $2.28 for long positions, $2.43 for short positions
TP: Suggested Take Profit: $2.46 for long positions, $2.26 for short positions
The GRASS token has shown high intraday volatility, with a 24-hour range of $2.31 to $2.57. The price is currently consolidating near its lower range ($2.31-$2.40) with decreasing volume (-14.18%). This indicates a potential breakout. The Vol/Mkt Cap ratio of 20.54% suggests strong trading activity relative to the market cap, which is favorable for scalpers.
Long Position: If the price sustains above $2.35 with increasing volume, consider entering at $2.35 with a stop-loss at $2.28. Target $2.46 as the immediate take-profit level, with extended targets at $2.55 if momentum persists.
Short Position: If the price breaks below $2.31, consider shorting from $2.31-$2.34, setting a stop-loss at $2.43. Take profit at $2.26 initially, with extended targets at $2.20 if bearish momentum strengthens.
📊 Consolidation patterns suggest caution; wait for confirmed breakouts before entering positions.
🥂 Trade Here👇
🚨 Note: Trade at your own risk; this signal is not guaranteed. DYOR.
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