GRT: Bullish Breakout Confirmed, Potential Entry on Pullback

💎GRT has recently broken out of a descending channel by forming a W pattern and has exhibited signs of a CHoCH and a BOS towards a bullish market structure. These factors increase the probability of a bullish move.

💎Currently, GRT has retest the support zone, indicating a bullish sign. However, it might be prudent to wait for a pullback to the support area or the bullish order block (OB) for a better entry opportunity. Additionally, anticipation of a pullback before halving could be considered.

💎If the price breaks down below all entry levels with continuous red candles, it would be better to ignore GRTUSDT, as it may indicate unfavourable developments or news affecting the asset.