GRT/USDT at Support; Will Bulls Step In?
$GRT
Moving Averages:200 SMA: Currently at 0.1635, which has acted as a resistance level. The price has stayed below the 200 SMA for an extended period, indicating a bearish trend.
RSI (Relative Strength Index):Current Level: 32.30, signaling oversold conditions. This could mean that GRT is approaching a potential reversal zone, but it’s also possible for the RSI to stay low if bearish momentum continues.
MACD (Moving Average Convergence Divergence):MACD Line: -0.0014Signal Line: -0.0011Histogram: Negative, indicating bearish momentum.The MACD histogram continues to print negative bars, showing that bearish momentum is still present.
Support/Resistance Levels:Support: 0.1400 (local support area)Resistance: 0.1635 (200 SMA level), 0.1800
Moving Averages:200 SMA: Currently at 0.1635, which has acted as a resistance level. The price has stayed below the 200 SMA for an extended period, indicating a bearish trend.
RSI (Relative Strength Index):Current Level: 32.30, signaling oversold conditions. This could mean that GRT is approaching a potential reversal zone, but it’s also possible for the RSI to stay low if bearish momentum continues.
MACD (Moving Average Convergence Divergence):MACD Line: -0.0014Signal Line: -0.0011Histogram: Negative, indicating bearish momentum.The MACD histogram continues to print negative bars, showing that bearish momentum is still present.Support/Resistance Levels:Support: 0.1400 (local support area)Resistance: 0.1635 (200 SMA level), 0.1800