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GRT's recent short-term performance is worth paying attention to. From the 15-minute chart, the current price hovers around 0.04088, with a gain of 9.69% since the trend started. However, the situation is not optimistic—signals of a potential trend reversal have already appeared, and this wave has run for 150 K-lines.
Technically, the dynamic tracking line is set at 0.04101. This line was originally a support line for the bulls, but the price has now broken below it. This is a warning signal for bullish investors. If the price cannot quickly regain and stay above this level, the upward trend may indeed weaken.
There are three support levels: 0.03843, 0.03739, 0.03626. Currently, there are no obvious resistance levels above.
The trading advice is to remain cautious. In the current situation, bulls need to be extremely alert. Consider reducing positions or setting tighter stop-losses for safety. However, also be aware that if this is just a false breakdown, and the price can re-verify the trendline support, then bears may face a short squeeze risk. The market is always full of duality.