Grass Price Prediction: Can GRASS Reclaim Momentum Above $0.48 After Months of Decline?
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- GRASS shows short-term strength but stays below 200 EMA, keeping bears in control
- Resistance at $0.48 is critical, breakout could confirm shift in trend momentum
- Rising open interest signals participation, yet spot outflows still limit demand
The GRASS/USDT daily chart presents a market caught between fading bearish control and a fragile recovery attempt. After a steep decline from its June highs, the token now tests key resistance while building short-term strength. Price action reflects cautious optimism, yet broader conditions still favor sellers. Consequently, traders watch critical levels closely as the market decides its next directional move.
Market Structure Signals a Turning Point
GRASS has followed a clear downtrend for months, marked by consistent lower highs and lower lows. Moreover, the price has remained below the 200 EMA, reinforcing a strong bear…
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