$GRAM is getting crushed, what's next?

If $GRAM continues to trade below the last swing low, we can expect further downside to the 1.36 support level.

SMA7 and SMA25 are trending downwards
Last candle is bullish, but momentum is still bearish
Close is below the last swing low

A daily close above 1.84 breaks this setup and invalidates our SHORT position.

Are you covering yourSHORTs on $GRAM?