GRT Technical Analysis Jan 24

GRT is stuck in a narrow range at the 0.04$ level. Theres an effort to hold nearby supports, but the bearish Supertrend and position below EMA20 increase short-term pressure. Critical breakout points are around 0.0361 support and 0.0389 resistance.

Short-Term Market Outlook

GRT is experiencing horizontal consolidation at the 0.04$ level as of January 24, 2026. With a slight -0.46% drop in the last 24 hours, the intraday range has remained almost flat: 0.04$ – 0.04$. Volume is limited at low levels of 3.65M$, signaling a lack of momentum. The short-term trend is downward; price is positioned below EMA20 (0.04$), giving a bearish signal. RSI at 41.82 is in the neutral-bearish zone, no oversold conditions but weak recovery signals. MACD shows a positive histogram but overall structure is weak, Supertrend is bearish indicating 0.04$ resistance. In higher timeframes (1D/3D/1W), 8 strong levels were identified: 2 supports/1 resistance on 1D, 1S/1R on 3D, 1S/3R on 1W. In this context, volatility is low for the next 24-48 hours but downside breakout risk is high. For active traders, scalp opportunities are limited; focus on quick invalidation points.

Intraday Critical LevelsNearby Support Zones

Immediate lower supports: 0.0361$ (score: 67/100) – The most critical nearby support; if broken, selling accelerates quickly. Second level 0.0326$ (score: 60/100), watch for deeper pullback. Holding at these levels is key for short-term bounce; invalidation with quick stop-loss below 0.0361.

Nearby Resistance Zones

Nearby resistances: 0.0368$ (score: 77/100) – The strongest resistance, expect rejection if price tests here. Upper levels 0.0375$ (67/100) and 0.0389$ (60/100). Around 0.04$ is the current pivot but combined with EMA20 acts as resistance. Volume increase is required for breakout, otherwise fakeout risk exists.

Momentum and Speed Analysis

Short-term momentum is mixed: MACD histogram is positive but main line is downward sloping, carrying divergence risk. RSI at 41.82 is flat; if it drops below 30, selling pressure increases. Supertrend bearish signal indicates downward speed; upside target low-score 0.0396$, downside 0.0326$. For speed analysis on 1H/4H charts: Momentum indicators are weak, volume decline narrows scalping zones (0.0368-0.0389 range). Risk management is critical: Position size should not exceed 1-2%, keep leverage limited in low volatility. BTC movement will determine momentum in the next 24 hours.

Short-Term ScenariosUpside Scenario

Bullish scenario: Becomes active if price holds 0.0361 support and breaks 0.0368 resistance. Trigger: Close above 0.0368 + volume increase. Target: 0.0389-0.0396$. Invalidation: Stop below 0.0361. This setup is supported by MACD positive histogram but low probability (score 25), possible if BTC is stable. For swing traders, target 1:2 RR, quick take-profit at 0.0389.

Downside Scenario

Bearish scenario: Accelerates if 0.0361 support breaks. Trigger: Close below 0.0361, RSI below 40. Target: 0.0326$. Invalidation: Recovery above 0.0375. Supported by Supertrend and EMA bearish alignment, downside score higher (28). Watch for short opportunities, but low volume carries fake breakout risk. Risk: Keep tight with 1% stop.

Bitcoin Correlation

BTC is sideways at 89,305$ level, stable with -0.21% drop in 24h but Supertrend bearish. GRT, a highly correlated altcoin to BTC; if BTC breaks 88,957 support, GRT tests 0.0361 faster. BTC resistances 89,634-90,796$; if surpassed, GRT gets breathing room for bounce. If BTC dominance increases (currently caution), pressure on alts rises. Watch: BTC drop below 87,635 triggers 0.0326 for GRT. Details for GRT Spot Analysis and GRT Futures Analysis.

Daily Summary and Watch Points

Todays main watch: 0.0361 support hold, 0.0368 resistance test. If breakout without volume, wait. Risk high: Short-term trades are speculative, risk 1% of capital. No news but BTC dominance critical. Scalp zone: 0.0368-0.0389. 24-48 hour outlook bearish biased, recovery BTC-dependent. Follow spot/futures links for detailed charts. High risk warning: Short-term trading carries loss potential, not professional advice.

This analysis uses Chief Analyst Devrim Cacals market views and methodology.