📊 Full Technical Analysis – GRT/USDT (1W Timeframe)
🔎 Overview:
GRT is currently positioned at one of the most critical technical levels in its long-term structure. After a prolonged downtrend from the $2.88 all-time high, price is once again testing the historical demand zone between $0.07 – $0.09, which has repeatedly acted as a strong support level since mid-2022. This area represents a major accumulation zone, where smart money may be silently positioning.
🧠 Structure & Pattern Formation:
✅ Historical Demand Zone (Major Support Area):
The $0.07 – $0.09 range has been tested over 5 times in the last 2 years, showing strong demand.
This zone also acts as the potential base of a double bottom pattern, indicating a possible macro reversal.
🟡 Double Bottom Potential (Reversal Pattern):
Two nearly equal lows forming around this demand area hint at a classic double bottom formation.
Confirmation comes if price breaks and holds above $0.1281 resistance.
🔻 Declining Selling Pressure:
Sellers appear to be losing momentum, as seen in the declining weekly volume.
This could signal distribution is ending and accumulation is underway.
📈 Bullish Scenario:
If GRT holds this critical support and breaks above key resistance, a strong mid-term rally may follow:
1. Breakout Confirmation:
Valid if the weekly candle closes above $0.1281.
2. Upside Targets (Fibonacci + Historical Resistance):
🎯 $0.1868 → minor resistance / past consolidation zone.
🎯 $0.2402 → previous rejection area.
🎯 $0.3233 → key Fibonacci retracement level.
🎯 $0.4352 → strong horizontal resistance.
🎯 $0.5285 → mid-term bullish target.
3. Ideal Bullish Conditions:
Bullish divergence on the weekly RSI.
Increasing volume on breakout confirmation.
📉 Bearish Scenario:
If the support fails to hold, GRT could face further downside:
1. Breakdown Below $0.07 – $0.09 Zone:
⚠️ $0.0550 → minor support.
⚠️ $0.0300 → All-Time Low and psychological support.
2. Deeper Risk:
If panic selling occurs or broader market sentiment worsens, GRT may print new lows, continuing its long-term bearish trend.
🧭 Conclusion & Strategy:
> GRT is in a highly interesting accumulation phase from a technical perspective.
The risk-to-reward from this support zone is attractive, with signs of a potential reversal building. However, traders should wait for confirmation and always use proper risk management.
Entry Strategy:
Speculative entry: inside the $0.08–$0.09 zone (tight stop-loss below $0.07).
Confirmed entry: after breakout and weekly close above $0.1281 (targeting levels mentioned above).
#GRT #TheGraph #GRTUSDT #CryptoReversal #DoubleBottom #SupportZone #AltcoinSetup #BullishCrypto #BearishRisk #TechnicalAnalysis
🔎 Overview:
GRT is currently positioned at one of the most critical technical levels in its long-term structure. After a prolonged downtrend from the $2.88 all-time high, price is once again testing the historical demand zone between $0.07 – $0.09, which has repeatedly acted as a strong support level since mid-2022. This area represents a major accumulation zone, where smart money may be silently positioning.
🧠 Structure & Pattern Formation:
✅ Historical Demand Zone (Major Support Area):
The $0.07 – $0.09 range has been tested over 5 times in the last 2 years, showing strong demand.
This zone also acts as the potential base of a double bottom pattern, indicating a possible macro reversal.
🟡 Double Bottom Potential (Reversal Pattern):
Two nearly equal lows forming around this demand area hint at a classic double bottom formation.
Confirmation comes if price breaks and holds above $0.1281 resistance.
🔻 Declining Selling Pressure:
Sellers appear to be losing momentum, as seen in the declining weekly volume.
This could signal distribution is ending and accumulation is underway.
📈 Bullish Scenario:
If GRT holds this critical support and breaks above key resistance, a strong mid-term rally may follow:
1. Breakout Confirmation:
Valid if the weekly candle closes above $0.1281.
2. Upside Targets (Fibonacci + Historical Resistance):
🎯 $0.1868 → minor resistance / past consolidation zone.
🎯 $0.2402 → previous rejection area.
🎯 $0.3233 → key Fibonacci retracement level.
🎯 $0.4352 → strong horizontal resistance.
🎯 $0.5285 → mid-term bullish target.
3. Ideal Bullish Conditions:
Bullish divergence on the weekly RSI.
Increasing volume on breakout confirmation.
📉 Bearish Scenario:
If the support fails to hold, GRT could face further downside:
1. Breakdown Below $0.07 – $0.09 Zone:
⚠️ $0.0550 → minor support.
⚠️ $0.0300 → All-Time Low and psychological support.
2. Deeper Risk:
If panic selling occurs or broader market sentiment worsens, GRT may print new lows, continuing its long-term bearish trend.
🧭 Conclusion & Strategy:
> GRT is in a highly interesting accumulation phase from a technical perspective.
The risk-to-reward from this support zone is attractive, with signs of a potential reversal building. However, traders should wait for confirmation and always use proper risk management.
Entry Strategy:
Speculative entry: inside the $0.08–$0.09 zone (tight stop-loss below $0.07).
Confirmed entry: after breakout and weekly close above $0.1281 (targeting levels mentioned above).
#GRT #TheGraph #GRTUSDT #CryptoReversal #DoubleBottom #SupportZone #AltcoinSetup #BullishCrypto #BearishRisk #TechnicalAnalysis
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
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.
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
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.