GRT/USDT Technical Analysis & Trade Signal
Current Price: 0.2247 USDT
24h High: 0.2290 USDT | 24h Low: 0.2000 USDT
24h Change: +8.66%
Technical Indicators:
Support Level: 0.2233 USDT (Parabolic SAR), maintaining a bullish momentum.
Resistance Levels:
Primary Resistance: 0.2290 USDT
Secondary Resistance: 0.2304 USDT (Depth)
Trend: Bullish, with the price showing an upward momentum and a higher low at 0.2000 USDT.
Trade Signal:
Buy Signal: Buy at market price (0.2247 USDT) with a target price at 0.2290 USDT (Primary Resistance).
Target Levels:
First Target: 0.2290 USDT (Primary Resistance)
Second Target: 0.2304 USDT (Sell Depth)
Third Target: 0.2350 USDT (Breakout Target)
Stop Loss: 0.2200 USDT (below SAR)
Momentum:
Bullish Momentum: The price is trending upward, supported by the SAR and maintaining an overall positive move. The market shows buying pressure at current levels, with a slight correction expected near 0.2290 USDT.
Trade Outlook:
Short-term: Expecting a continuation of bullish movement towards 0.2290 USDT, with potential for a breakout if the resistance at 0.2304 USDT holds.
Risk: Moderate, with a tight stop loss set below 0.2200 USDT to protect against reversals.
This setup presents a short-term bullish opportunity for GRT/USDT.
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