$GRAM is a short play in the making as the downtrend continues to gain strength.
As long as the price stays below the SMA25 at 1.48, $GRAM could be poised for a further decline.
Downtrend is ongoing with a bearish 10-bar trend.
Price is below both SMA7 and SMA25.
Volume is flat/falling, indicating a weakening trend.
A daily close above the 1.80 resistance invalidates this short setup.
Where do you see $GRAM heading next?
As long as the price stays below the SMA25 at 1.48, $GRAM could be poised for a further decline.
Downtrend is ongoing with a bearish 10-bar trend.
Price is below both SMA7 and SMA25.
Volume is flat/falling, indicating a weakening trend.
A daily close above the 1.80 resistance invalidates this short setup.
Where do you see $GRAM heading next?