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$GRT Showing Rejection After Local Top
After a strong push toward the $0.030 resistance, price printed long wicks and started forming lower highs. The recent bearish candles indicate weakening momentum and a possible short term pullback.
$GRT SHORT
Trade Plan
Entry
$0.0272
$0.0280
Stop Loss
$0.0305
Take Profit
TP1 $0.0255
TP2 $0.0238
TP3 $0.0215
Debate
Will $GRT continue the correction after the rejection from $0.030 resistance or regain bullish momentum above this level?