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Trade setup for #GRT/USDT ๐๐:
๐ Pattern: Resistance Breakout
๐ Breakout Confirmation: After breaking out of the Channel
Down pattern, GRT surged through the $0.175 target, signaling a continuation of the uptrend with a +14% potential upside to $0.20.
โ๏ธ Stop Loss: Set at $0.165 to manage risk. (Set an alert)
๐ Trend: Uptrend across Short-, Medium-, and Long-Term.
๐ Momentum: Bullish momentum confirmed with MACD Line above Signal Line and RSI above 55.
๐ช Support/Resistance: Nearest Support Zone at $0.150, followed by $0.120. Resistance Zone now stands at $0.175 (broken) and $0.200.
Trade wisely and stay adaptable! ๐๐๐
#GRTUSD TradingSetup #BullishBreakout $GRT
That's a prudent approach! Always ensure you conduct thorough research (DYOR) before making any investment decisions.