GRT Technical Analysis Feb 1
The post GRT Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com.
GRT is trading in a downtrend and is stuck around the current price level of $0.03; despite RSI 29 being in the oversold region, its positioning under the bearish Supertrend and EMA20 increases risks. Investors should monitor the break of the $0.0267 support level as invalidation for capital protection and consider volatility in position sizing. Market Volatility and Risk Environment GRT’s current volatility environment is low with a narrow daily range ($0.03 – $0.03), but the overall trend continues downward. Although the 24-hour change is +%3.06, volume remains limited at $12.31M, increasing vulnerability to sudden moves. Despite RSI 29.06 being in the oversold region, Supertrend gives a bearish signal and price is positioned below EMA20 ($0.04); this combination overshadows short-term recovery hopes. Multiple time frames (MTF) have identified 7 strong levels: 1D with 2 supports/2 resistances, 3D with 1S/1R, 1W with 2S/2R. These levels will play a critical role in case of volatility spikes; for example, sudden expansions after low volatility periods (ATR-based) can lead to capital erosion. In the general risk environment of the crypto market, altcoins like GRT may face additional pressure depending on BTC dominance. Investors should measure daily volatility using ATR (Average True Range) analysis; even in the current low range, a 10% move can impact the portfolio. From a risk management perspective, the oversold RSI’s fakeout risk (misleading recovery) must not be ignored; according to historical data, declines have continued in similar situations. Risk/Reward Ratio Assessment Potential Reward: Target Levels In a bullish scenario, the $0.0459 target (score:30) offers about 53% potential return from the current $0.03; this level requires breaking $0.0324 before approaching resistance at $0.0577. However, this reward may remain limited in the region where MTF resistances (scores 68/62) are concentrated, and aggressive expectations are risky without trend reversal confirmation. For a realistic…
Filed under: News - @ February 1, 2026 8:22 pm