【$GRASS Signal】Long | Breakout retest confirmation, short squeeze trend continues

$GRASS After experiencing a 26% violent surge in a single day, it is now consolidating healthily above the key resistance turned support level. The 4H timeframe shows a classic bullish structure with volume breakout followed by volume decline on retest.

🎯Direction: Long

🎯Entry: 0.2150 - 0.2180

🛑Stop Loss: 0.2080 (Rigid stop loss, break below previous breakout candle low and EMA20 support)

🚀Target 1: 0.2350

🚀Target 2: 0.2500

Market Analysis: Price strongly broke through EMA20(0.1854) and the upper boundary of the previous consolidation zone. Although the last 4H candle closed with a long upper shadow, buying depth is unbalanced(+1.41%) and buy orders are significantly thick, indicating strong support below. Open interest remains stable rather than decreasing, ruling out the possibility of main force dumping after pushing the price up.

Hardcore logic: This is a typical short squeeze scenario. Funding rate is only 0.005%, far from dangerous levels, and RSI(76) overbought condition is normal during a strong breakout. Key bullish signals include: 1) Breakout accompanied by massive volume (23.7M vs previous 4M), indicating an effective breakout; 2) Price retests the previous resistance zone of 0.215-0.218, which has now become a critical support; 3) Order book shows huge buy orders in the 0.219-0.220 range (over 500,000 USDT), forming a solid defense line. ATR is 0.0097, making stop loss placement reasonable, with a risk-reward ratio >2.5.

Trade here 👇 $GRASS

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