๐ฅ $GRASS Short Liquidation Alert! ๐ฅ
The bears are under pressure! $11,075 worth of short positions were just liquidated at $2.99473. This signals bullish momentum building. Is this the start of a breakout, or will the market calm down? Letโs break it down step by step:
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๐ Buy Zone:
Safe entry lies between $2.95 - $3.00.
If the price stays above $3.00, itโs a strong sign of further upward momentum.
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๐ฏ Targets:
Target 1: $3.10 (First resistance level)
Target 2: $3.25 (Momentum zone)
Target 3: $3.50 (Major psychological breakout target if volume surges!)
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๐ Stop Loss:
Keep your stop loss tight at $2.90. This limits risk in case the price reverses unexpectedly.
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Whatโs Next?
This short liquidation could fuel a bullish rally if $GRASS holds above $3.00. Watch for strong volumeโhigher buying pressure here could push prices toward the $3.10 resistance and beyond. If the price dips below $2.95, it may revisit support at $2.85, so stay cautious.
๐ก Pro Tip: Donโt rush in! Let the market confirm its direction. Trade with a plan, and manage risk carefully.
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Let me know if you need help tracking this move or refining your strategy. Stay sharp and trade smart!
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