GRT Targets $0.11 as Market Structure Shifts

After a corrective phase, GRT has shown signs of recovery. Price swept liquidity at the value area high and reacted strongly off the point of control, which aligned with the golden Fibonacci level. This bounce indicates that demand is re-entering the market.

Key Technical Points

- Support Cluster: POC and 0.618 Fibonacci provide a strong base.
- Market Structure Shift: Higher lows indicate bullish bias forming.
- Next Target: Weekly resistance at $0.11.

The corrective pullback appears to have stabilized, with GRT now attempting to reclaim bullish market structure. A higher-low formation is developing, suggesting accumulation at current levels. For the bullish scenario to be confirmed, price must break above the last swing high, which would set the stage for continuation.

The immediate upside target is $0.11 weekly resistance, a level that has repeatedly capped rallies. A break of this resistance would provide significant momentum for further upside. Volume analysis also supports the bullish scenario, with inflows showing renewed interest.

What to Expect

If GRT maintains its current higher-low structure and bullish volume continues, price is likely to rotate into $0.11 resistance. Traders should watch for confirmation through higher closes and expanding volume.