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GRASS price jumps 20% after breaking key resistance with strong volume and buyer interest

Technical Signals
22 Apr 2026
AMBCrypto
View Source
Bullish
pluang ai news

GRASS surged over 20% to $0.3994, breaking above a key $0.38 neckline and confirming a bullish inverse head and shoulders pattern. This breakout was supported by a 39% rise in trading volume and increased market participation, signaling strong buyer demand and a shift from a downtrend to a recovery phase. However, rising token inflows to exchanges and a 39% increase in Open Interest indicate growing volatility and potential sell pressure. If GRASS holds above $0.38, it could target the next resistance near $0.52, but failure to maintain this level may lead to a pullback.

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