Technical analysis by The_Alchemist_Trader_ about Symbol GRT: Buy recommendation (9/11/2025)

The_Alchemist_Trader_

After reclaiming its point of control, GRT has entered a healthy consolidation phase. This pause in momentum sets the stage for a potential continuation of the uptrend if buyers defend current levels. Key Technical Points: - Reclaimed point of control following impulsive move. - Consolidation near the value area high. - Upside potential toward weekly resistance at $0.11. Analysis: Price action has stabilized after a strong breakout, with GRT now reaccumulating at the top of its current range. This behavior is typical of bullish structures, where periods of consolidation provide fuel for the next leg higher. The market structure break adds merit to the setup, with traders watching closely for a bullish retest of the point of control. A successful bounce would likely trigger a rally toward the $0.11 resistance level, where weekly supply sits. Corrective dips remain constructive as long as higher lows are maintained. This would further validate the broader bullish projection and align with the shift to consecutive higher highs on higher timeframes. What to Expect in the Coming Price Action: As long as GRT holds above the point of control, buyers remain favored. A bullish retest could trigger a continuation rally toward $0.11, with the potential for further upside if momentum strengthens.