CandleFocus

GRASS Token Fails To Break $2 Level – Is It Time To Buy?

The GRASS token, a Layer-2 platform on the Solana blockchain, has garnered significant attention from analysts and the investing public. Despite some issues during the token's airdrop, including technical difficulties and disqualifications, the token's price rallied after its launch. However, it has since slowed down and settled below the $1.75 level, now trading at around $1.45. Analysts suggest that there may be a deeper pullback in the token's price before potential price gains. The token has shown bullish trends on lower timeframes, with above-average volume and buying pressure. Technical charts indicate notable liquidity pools at prices of $1.56 and $1.96, with the current price closer to the $1.56 pool. Traders and holders can expect a potential price dip below $1.75, and new buyers may consider waiting for the token to retest $1.56 or even $1.4 before entering a position.

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