GRASS coin price jumped 32.69% in one session today after a short squeeze, with open interest surging and new buyers stepping in as shorts were forced to cover. Right now, GRASS is trading around $0.5421, up from $0.3913 to $0.5517 over the past 24 hours.
In the 12 hours before the breakout, $1.02 million in short positions were liquidated on derivatives platforms, compared to only $318,620 in long liquidations. The long/short account ratio was close to even at 0.9845 before the move, showing the market was not heavily long. Instead, it was a mispriced setup that pushed the losing side out.
According to Coinglass data, derivatives volume reached $380.97 million, up 22.29%, while open interest rose 69.97% to $66.03 million. When open interest climbs along with price, it means new money is coming in, not just shorts leaving. Spot trading showed the same trend, with 24-hour trading volume of $60.62 million, up over 10%.
The backdrop is important as well. GRASS coin reached its all-time low of $0.1668 on February 6, a 86% drop from its $3.89 high in November 2024. Since then, it has quietly climbed 225.7% over three months of steady growth.
In the past week, the GRASS price ranged as low as $0.2926 before this recent surge. The seven-day gain is now 77.7%, and the 30-day gain is 22.6%. However, the one-year return is still down 76.2%.
GRASS Coin Price Prediction Points to $0.73 as MAs Align Bullish
Every moving average in the panel, covering twelve EMA and SMA readings from 10 to 200 periods, shows a Buy signal. Both the EMA(200) and SMA(200) are below the current price, which confirms the trend is strong. The only exception is the Ichimoku Base Line at $0.4226, which is Neutral and is the only technical indicator that does not show a Buy.
On the daily chart, GRASS coin broke above the descending trendline that had stopped every rally since the November 2025 peak. The price has held above this breakout range.
Fibonacci extensions from the cycle low offer the clearest GRASS price prediction. The first key level is $0.7319 at the 0.236 extension, followed by $1.0880, $1.3758, $1.6636, and $2.0734 as the next targets.
Whether buyers can hold today’s breakout level in the next few sessions will show if this is just a squeeze or the start of a real trend. The derivatives data, especially the rise in open interest, suggest the trend could continue in the near term.
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