💎 Currently, #GRTUSDT finds itself in a sideways movement, oscillating between the support and resistance levels for the past 8 days. Notably, the support level has been respected multiple times, including today, signifying a strong and persistent buying pressure.
💎 However, buyers should exercise caution as this opportunity requires a very strong confirmation of an uptrend before taking any action. Ideally, a break above the resistance level would provide a more compelling signal to look for a high-probability buy setup.
💎 Nevertheless, a great risk/reward setup is already in place, and those who are comfortable with higher risk may consider buying #GRT at this point. At MCP team, we focus on both high probability and favorable risk/reward setups, giving us an edge in cryptocurrency trading.
💎 Overall, the buying opportunity for #GRT is quite attractive in terms of risk/reward, but the probability of a significant uptrend is not exceptionally high. In any case, we will continue to closely monitor the price action and, as always, keep you updated.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.