On the weekly timeframe, GRT appears to be holding support at the lower boundary of its falling wedge formation. The bulls seem committed to defending this key technical level, which is noteworthy from a chart perspective.
With price action consolidating near these support levels, momentum indicators are showing signs of buildup. If buyers can maintain control here, a breakout toward higher price targets becomes increasingly plausible. The setup looks intriguing for traders watching this chart pattern unfold.
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GasFeeAssassin
· 20h ago
It looks like the same old wedge trick again. Will this time be different...
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NotFinancialAdvice
· 20h ago
Whether GRT's wedge breaks support or not determines life or death. It's so annoying to be stuck here now.
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ColdWalletGuardian
· 20h ago
It looks like another big show is coming. Let's see if the support level holds.
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ClassicDumpster
· 20h ago
If GRT breaks this support, it will drop straight down. Don't tell me it's a wedge consolidation.
On the weekly timeframe, GRT appears to be holding support at the lower boundary of its falling wedge formation. The bulls seem committed to defending this key technical level, which is noteworthy from a chart perspective.
With price action consolidating near these support levels, momentum indicators are showing signs of buildup. If buyers can maintain control here, a breakout toward higher price targets becomes increasingly plausible. The setup looks intriguing for traders watching this chart pattern unfold.