Watching this wave $GRAM lately—it's really irritating to the eyes. The market is running like a racehorse, but it just drifts around like a drunk person at the 1.3360$ mark.
Brothers, don’t let this tiny 0.15% amplitude lull you to sleep. Looking at the short-term chart, it’s clearly the SELL side is cornering the BUY side.
From a technical perspective for everyone’s reference:
🔹 15-minute chart: MA(20) is at 1.3414 and EMA(9) is at 1.3394. Both lines act as fairly solid dynamic resistance levels. Every time the price barely touches them, it gets pushed down—showing the current buying force is extremely weak.
🔹 1-hour chart: MA(20) at 1.3448 and EMA(9) at 1.3429 are still trending downward. This confirms the short-term trend is still dominant—SELL is in control.
With this structure, I think the opportunity for a short-term DUMP is extremely promising. Don’t force a LONG position when the trend hasn’t clearly reversed. My setup for this move is as follows:
📌 Position: SHORT
🎯 Entry: Wait for a slight retracement around 1.3400 - 1.3420
🎯 TP (Take profit): 1.3250 - 1.3100
🎯 SL (Stop loss): 1.3520 (If it breaks through the EMA resistance zone, I’ll exit immediately)
The market is never wrong—only our judgment isn’t sensitive enough. Are you holding $GRAM or are you waiting for something on this coin? Comment below and let’s see if we share the same viewpoint!
#Crypto #Trading #Binance
Note: This is my personal perspective, not investment advice. Trading always involves risk (DYOR).
Brothers, don’t let this tiny 0.15% amplitude lull you to sleep. Looking at the short-term chart, it’s clearly the SELL side is cornering the BUY side.
From a technical perspective for everyone’s reference:
🔹 15-minute chart: MA(20) is at 1.3414 and EMA(9) is at 1.3394. Both lines act as fairly solid dynamic resistance levels. Every time the price barely touches them, it gets pushed down—showing the current buying force is extremely weak.
🔹 1-hour chart: MA(20) at 1.3448 and EMA(9) at 1.3429 are still trending downward. This confirms the short-term trend is still dominant—SELL is in control.
With this structure, I think the opportunity for a short-term DUMP is extremely promising. Don’t force a LONG position when the trend hasn’t clearly reversed. My setup for this move is as follows:
📌 Position: SHORT
🎯 Entry: Wait for a slight retracement around 1.3400 - 1.3420
🎯 TP (Take profit): 1.3250 - 1.3100
🎯 SL (Stop loss): 1.3520 (If it breaks through the EMA resistance zone, I’ll exit immediately)
The market is never wrong—only our judgment isn’t sensitive enough. Are you holding $GRAM or are you waiting for something on this coin? Comment below and let’s see if we share the same viewpoint!
#Crypto #Trading #Binance
Note: This is my personal perspective, not investment advice. Trading always involves risk (DYOR).