GRX Swing Setup Watch $0.595 and $0.875

Wait 5 sec.

GRX Swing Setup Watch $0.595 and $0.875GreenX Metals LimitedASX_DLY:GRXAlvinDeo96GRX is showing promising signs here, but as a small-cap stock, it demands disciplined risk management and a cautious approach. Price action is currently pulling back into a strong macro zone, aligning with the major 50% retracement level and previous structural highs—an area worth watching closely. Trade Scenarios Scenario 1 Optimal Entry: Ideally, price pulls back to the demand structure around $0.595. Look for a bullish candle confirmation at this level. This setup offers the most favorable risk-to-reward ratio. Scenario 2 – Trend Continuation: If price holds the swing low at $0.68 and breaks above the local swing high at $0.875, it confirms an uptrend. Same TP targets apply. Targets: Initial target: ATH resistance near $1.305 Potential for further upside by trailing stop-loss along swing highs. If price starts to break and close below $0.56 expect lower prices and the potential of this being a fakeout Reminder: This is a speculative setup on a small-cap stock. Always size positions appropriately and manage risk with precision. Please note, arrows are not based on time analysis just overall market structure.