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On the weekly timeframe, GRT appears to be holding support at the lower boundary of its falling wedge formation. The bulls seem committed to defending this key technical level, which is noteworthy from a chart perspective.
With price action consolidating near these support levels, momentum indicators are showing signs of buildup. If buyers can maintain control here, a breakout toward higher price targets becomes increasingly plausible. The setup looks intriguing for traders watching this chart pattern unfold.