$GRASS : Momentum Breakout Signals Range Expansion .
After weeks of consolidation, $GRASS is showing significant signs of a bullish reversal. Following a period of intense selling pressure that saw the token stabilize near the $0.17 support level, a fresh wave of momentum has entered the market. The technical structure is now shifting from a defensive stance to an aggressive Range Expansion play.
The Technical Setup
The recent price action on the lower timeframes highlights a decisive breakout. Key indicators suggest that GRASS is moving out of its local accumulation zone with increasing volume.
Support Base: Firmly established at $0.170 – $0.175.
Breakout Trigger: A clean move above the $0.19 resistance level has opened the door for a retest of psychological barriers.
Momentum Profile: Indicators like the RSI are climbing out of oversold territory, while the 24-hour volume has surged over $12M, a clear sign of renewed buyer interest.
Market Outlook
The current "Range Expansion" suggests that GRASS is eyeing a return to previous value areas. If the momentum holds, the next major hurdle sits at the $0.21 level. With the DePIN and AI sectors gaining traction again, GRASS is positioned as a high-beta play for traders looking to capitalize on the sector's recovery.
Analysis by @SaleeM_MeYo
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