Spring in Play, Structure Speaks

GRT is showing a fantastic range structure with a clean spring—an ideal case study in Wyckoff volume analysis.

Despite the historic $20B crypto liquidation on October 10th, GRT’s wick printed on lower volume than the Selling Climax (SC), suggesting no need for a Spring retest. Price closed decisively back inside the range and above the yearly S1 pivot classic signs of smart money absorption.

Trade Scenarios
Option 1: Immediate Entry
Entry: Current price
Stop Loss: Just below the Spring

Targets:
TP1: ~$0.26 — strong resistance zone
TP2: ~$1.53 — projected range target aligned with macro 50% level

These targets may seem ambitious, but they’re structurally derived. This is what the chart is telling us.

Option 2: Pullback Entry
Entry: Wait for a pullback near the EQ of the Spring wick on the daily TF
Stop Loss: Based on daily structure
Targets: Same as Option 1