$GRVT — Short Setup
Direction: Short
Entry Zone: $0.3460 – $0.3490
Stop-Loss: $0.3570
Take-Profit Targets:
🎯 TP1: $0.3380
🎯 TP2: $0.3300
🎯 TP3: $0.3220
Analysis:
GRVT is showing signs of short-term weakness after long-side liquidity was cleared near the $0.3464 level. Price is struggling to build strong upward momentum, with sellers appearing around the current resistance zone. A short setup is considered if the price continues to reject this area and confirms bearish pressure through price action.
A move toward lower support levels remains possible if selling volume increases. Traders should wait for confirmation and avoid entering during unclear market conditions.
⚠️ Invalidation: A sustained breakout above $0.3570 would cancel the short setup. Maintain proper risk control and avoid excessive leverage.$GRVT
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