$GRASS USDT Bearish Pullback After Local Rejection 📉

$GRASS USDT recently showed a strong bullish rally but faced rejection near the 0.34 resistance zone, forming a lower high followed by a sharp pullback. The current price action suggests short-term bearish momentum as sellers push the price down from the local top.

Trade Setup:

Entry Range: 0.3200 – 0.3240

Target 1: 0.3120

Target 2: 0.3050

Target 3: 0.2960

Stop Loss (SL): 0.3340

Key Levels:

Resistance: 0.3300 – 0.3400

Support: 0.3120 – 0.2960

Market Outlook:

The chart shows rejection from the recent high and a momentum shift toward the downside. If the price fails to reclaim 0.3300, the pair may continue its pullback toward lower support zones. However, a strong reclaim above 0.3340 could invalidate the bearish setup and restore bullish momentum.

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