Grass cuts its own path: GRASS jumps 19% as volume nearly doubles 🌱

Grass [GRASS] rose 19.23% over the past 24 hours to $0.4638, with 24-hour trading volume climbing 49.72% to roughly $23.8 million. The token recovered from a $0.3337 support level and advanced toward the $0.4733 resistance zone, a threshold that has previously capped upside attempts. The combination of rising volume and price action pointed to a shift in short-term market participation.

Derivatives activity expanded in tandem with the price recovery. Open Interest increased 18.91% to $48.35 million, indicating that traders were adding exposure rather than closing positions. The move accompanied a rise in the positive directional index to 25.57 and a decline in the negative directional index to 14.55, while the ADX reading confirmed strengthening trend momentum. Elevated Open Interest alongside rising prices typically reflects added leverage, which can amplify volatility if sentiment shifts.

Spot flow data presented a more measured picture. Approximately $1.45 million in inflows were recorded against $1.03 million in outflows, producing a positive net flow of about $420,000. A positive net flow indicates that more tokens moved onto exchanges than off them, a pattern that can expand the supply available for trading and signal profit-taking behavior among some holders. The figures remained modest relative to prior spikes, but the direction of flows introduced a note of caution against the broader rally.

Market participants cited the recovery from support, the push toward resistance, and the simultaneous expansion in volume and positioning as the defining features of the session. The token entered the new week with renewed engagement from both spot and derivatives desks, and traders continued to add capital as the advance progressed. With GRASS now within reach of the $0.4733 breakout area, subsequent sessions will determine whether the recent momentum extends or stalls at that level.