$GRT is still bleeding on the weekly and the structure is crystal clear.
Since the 2021 peak, price has respected that heavy descending resistance like it’s law. The multi-month 0.10–0.15 support got wiped, and now even 0.052 is gone. That’s not weakness — that’s structural breakdown.
Sellers are in control. Momentum is pushing toward lower liquidity, and there’s no bullish shift unless price reclaims the broken range and closes above major resistance.
Until then, this is a downtrend doing exactly what downtrends do — grind lower.