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GRASS rallies 11.59% reclaiming key support despite lower volume and heavy long liquidations.

Technical Signals
26 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

GRASS surged 11.59% to around $0.57, reclaiming the critical $0.53 support after a sharp rebound from $0.30 earlier this month. Despite the price rise, trading volume dropped nearly 10%, suggesting the rally was driven by speculative buying rather than broad market participation. Long liquidations spiked over $77K, showing leveraged buyers faced pressure but still defended the upside. Positive funding rates indicate traders remain bullish, supporting potential further gains if the price holds above support. However, the rally could face volatility if fresh buying interest does not return near resistance around $0.60.

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