📉$GRVT is showing exceptionally persistent bearish pressure with a 26-sequence short setup, backed by $173K cumulative short volume. The extended sequence signals sustained seller dominance, but also increases the risk of a sharp relief bounce.
🎯 Short Entry Zone:
0.2975 – 0.3000
Targets:
🎯 TP1: 0.2940
🎯 TP2: 0.2890
🎯 TP3: 0.2820
🛑 Stop Loss:
Close above 0.3040
📊 Trading Logic:
The 26-sequence setup provides very strong bearish confirmation, but this is already an extended selling sequence. Do not chase the downside. A relief bounce into the entry zone followed by bearish rejection is the preferred short setup.
⚠️ Risk Note:
After such an extended sequence, sudden short squeezes are possible. Keep leverage low, use disciplined position sizing, and protect capital first.
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