GRAB Bulls Defending the Golden Pocket, $4.40 Target RemainsGrab Holdings Limited Class ABATS:GRABTaxpayerTradesGRAB has spent the past several weeks consolidating after a strong rebound from the $3.25 swing low. Rather than seeing this as weakness, I view the current price action as a healthy digestion phase before the next directional move. Price is now holding near the 0.618 Fibonacci retracement, a level that often acts as a springboard for continuation when the broader structure remains intact. The market has repeatedly defended the $3.50 to $3.60 region, creating a clear area where buyers continue to step in. Meanwhile, selling pressure has been unable to generate a lower low, keeping the bullish structure alive. What I'm Seeing ✅ Higher low established around $3.25 ✅ Strong impulsive advance into the $4.00 area ✅ Pullback finding support near the 0.618 retracement ✅ Consolidation forming above key support ✅ Risk-to-reward remains favorable while above $3.45 The recent range resembles a compression pattern where volatility contracts before expansion occurs. Key Levels Support $3.55 $3.45 $3.25 (bull thesis invalidation) Resistance $3.75 $4.00 $4.20 Bull Target $4.41 (1.618 Fibonacci Extension) Why $4.40? The Auto Fib AI extension projects a 1.618 target near $4.41, which also aligns with the next major expansion zone above current resistance. If buyers can reclaim and close above the $3.75 to $4.00 resistance cluster, I believe momentum could accelerate toward the extension target. A breakout above $4.00 would likely attract fresh participants while forcing short-term bears to cover positions. Trading Plan Entry Zone: $3.55 to $3.65 Risk: Daily close below $3.45 Targets: $3.75 $4.00 $4.20 $4.41 Conclusion As long as GRAB continues holding above the current Fibonacci support zone, I favor the bullish scenario. The consolidation appears constructive, and a breakout through overhead resistance could unlock a move toward the $4.41 Fibonacci extension, representing one of the cleanest risk-to-reward opportunities currently visible on the daily chart. My bias remains bullish with a target of $4.40+. Not financial advice. Trade your own plan and manage risk accordingly. 🚀📈