$GRT #GRT 📉
Direction: SHORT
Entry zone: 0.0168 to 0.0172
Stop loss: 0.0178
Target 1: 0.0162
Target 2: 0.0155
The Graph is trading near 0.0169 dollars, down 4.61 percent in 24 hours and down 17.85 percent on the week, inside a range of 0.0170 to 0.0182 dollars, and the recent closes show it flat at the low, 0.017071, then 0.017099, then 0.017095, then 0.017036, then 0.017004. 🔴 My reading is that GRT is in a real downtrend, not a dip, because a 17.85 percent weekly fall with closes pinned at the range low tells you sellers are not done, and there is very little support under 0.017 dollars. A short from the current zone, with a stop above 0.0178, targets 0.0162 first and then 0.0155 if sellers keep pushing. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does GRT break 0.0162 today, or reclaim 0.0178 first? 🤔
Follow for more trades.
#TheGraph #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.0168 to 0.0172
Stop loss: 0.0178
Target 1: 0.0162
Target 2: 0.0155
The Graph is trading near 0.0169 dollars, down 4.61 percent in 24 hours and down 17.85 percent on the week, inside a range of 0.0170 to 0.0182 dollars, and the recent closes show it flat at the low, 0.017071, then 0.017099, then 0.017095, then 0.017036, then 0.017004. 🔴 My reading is that GRT is in a real downtrend, not a dip, because a 17.85 percent weekly fall with closes pinned at the range low tells you sellers are not done, and there is very little support under 0.017 dollars. A short from the current zone, with a stop above 0.0178, targets 0.0162 first and then 0.0155 if sellers keep pushing. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does GRT break 0.0162 today, or reclaim 0.0178 first? 🤔
Follow for more trades.
#TheGraph #Crypto #FuturesTrading #TradingSignals
