The post GRASS crypto rallies 28%: Can bulls target a liquidity sweep above $0.48? appeared on BitcoinEthereumNews.com. At press time, GRASS has surged over 28%The post GRASS crypto rallies 28%: Can bulls target a liquidity sweep above $0.48? appeared on BitcoinEthereumNews.com. At press time, GRASS has surged over 28%

GRASS crypto rallies 28%: Can bulls target a liquidity sweep above $0.48?

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At press time, GRASS has surged over 28% in the past 24 hours, pushing its price toward the $0.47 region as buyers regain firm control. This rally follows a steady climb from lower consolidation zones, signaling strong directional intent. 

Trading activity has risen alongside price, reinforcing the bullish structure. However, the asset now trades near a key resistance zone, introducing immediate pressure. While strong demand has fueled the sharp advance, GRASS faces a critical test of whether buyers can sustain momentum without weakening.

GRASS tests resistance after reclaiming support

GRASS approaches the $0.475 resistance after reclaiming the $0.358 support zone, confirming a clear structural shift. Buyers have regained control following a prolonged corrective phase, which strengthens the current outlook. 

Price has advanced through intermediate levels, supporting the continuation narrative. However, the $0.475 zone now stands as a key barrier that could limit further upside. 

A clean move above this level could expose higher resistance near $0.658. Still, rejection at this point could trigger short-term consolidation. Even so, the strong reclaim of $0.358 continues reinforcing bullish control across the structure.

At press time, the Bollinger Bands have expanded sharply as volatility increases following a compression phase. Price continues riding the upper band, which reflects sustained buying pressure and trend strength. This positioning often signals continuation, especially when price holds near elevated levels.

At the same time, RSI has climbed to 78.69, while its signal line remained at 69.53, confirming strong demand. However, these readings place the asset deep in overbought territory. 

This condition could introduce short-term cooling, although it does not invalidate the current trend. As long as the price holds near the upper band, buyers continue maintaining control.

Source: TradingView

Why are traders increasing long exposure?

Binance top traders have increased long exposure, with long positions reaching 58.35% compared to 41.65% shorts. 

This shift reflects growing confidence in continued upside movement. The Long/Short Ratio has climbed toward 1.40 as of writing, which further supports this directional bias. 

As traders continue positioning aggressively, the derivatives market aligns with the current price structure. However, elevated long exposure can introduce risk if sentiment shifts quickly. 

Even so, the data shows that traders are still backing the breakout rather than anticipating a reversal. This alignment between sentiment and price strengthens the continuation case.

Source: CoinGlass

Liquidity above $0.48 signals the next move

The liquidation heatmap shows dense liquidity clusters forming above the $0.48 region. These zones represent areas where leveraged positions could face forced liquidation. As the price moves closer to these levels, it often gets drawn toward them due to market dynamics. 

A break above nearby resistance could trigger cascading liquidations that accelerate the move higher. However, failure to reach these zones could keep the price consolidating below resistance. 

Still, the presence of stacked liquidity above current levels suggests that the market has a clear upside target forming in the short term.

Source: CoinGlass

Will GRASS extend beyond resistance?

GRASS continues showing strong upside intent as price presses against the $0.475 resistance while bullish positioning remains dominant. Liquidity stacked above $0.48 supports a potential continuation move if buyers sustain pressure. 

However, overbought signals could slow the pace temporarily. If strength holds, price could extend toward $0.49 and gradually test higher resistance zones.


Final Summary

  • Sustained buyer control and rising leverage positioning suggest GRASS could continue climbing if resistance weakens ahead. 
  • Overbought conditions may slow prices briefly, yet strong structure still favors gradual upside continuation toward higher liquidity zones.

Source: https://ambcrypto.com/grass-crypto-rallies-28-can-bulls-target-a-liquidity-sweep-above-0-48/

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