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Hxlaw
Hxlaw
$GRASS GRASSUSDT in the 4H frame is giving a strong breakout signal after bouncing up from the support area of 0.3890. The price is currently maintained on all short and medium-term MA lines, especially MA5 cut to MA20 showing that the uptrend is still dominant. The sharp increase in trading volume in the recent green candles confirms that the cash flow is returning. The 0.52–0.55 area is currently an important short-term resistance. If the price stays above 0.50 and continues to accumulate, the possibility of a breakout to higher marks such as 0.58–0.60 is quite possible. However, after a continuous sharp increase, there may be a short-term shaking before continuing. A reasonable strategy is to buy when the price adjusts to around 0.50–0.51 or wait for a definitive breakout above 0.55 with a large volume. The support is close to 0.48, breaking through this area, the short-term uptrend will weaken.

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