$GRAM #GRAM 🚀
Direction: LONG
Entry zone: 1.12 to 1.16
Stop loss: 1.09
Target 1: 1.20
Target 2: 1.24
The Open Network is trading near 1.17 dollars, up 7.29 percent in 24 hours, the strongest gainer among high volume coins this afternoon, inside a range of 1.075 to 1.17 dollars, with 120.2 million dollars of 24 hour volume, and the recent closes show buyers holding the move, 1.13, then 1.14, then 1.16, then 1.15, then 1.14. 🟢 My reading is that GRAM is showing real relative strength, because a coin up more than 7 percent on an afternoon the whole market is down 4.21 percent is being bought on its own merit, not on market mood, even though it is sitting right at its 24 hour high. A long from the current zone, with a stop below 1.09, targets 1.20 first and then 1.24 if buyers break the range high. A drop below the stop kills the idea without debate, and CPI volatility can still swing any altcoin fast.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does GRAM break 1.20 today, or fade back with the market? 🤔
Follow for more trades.
#TheOpenNetwork #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 1.12 to 1.16
Stop loss: 1.09
Target 1: 1.20
Target 2: 1.24
The Open Network is trading near 1.17 dollars, up 7.29 percent in 24 hours, the strongest gainer among high volume coins this afternoon, inside a range of 1.075 to 1.17 dollars, with 120.2 million dollars of 24 hour volume, and the recent closes show buyers holding the move, 1.13, then 1.14, then 1.16, then 1.15, then 1.14. 🟢 My reading is that GRAM is showing real relative strength, because a coin up more than 7 percent on an afternoon the whole market is down 4.21 percent is being bought on its own merit, not on market mood, even though it is sitting right at its 24 hour high. A long from the current zone, with a stop below 1.09, targets 1.20 first and then 1.24 if buyers break the range high. A drop below the stop kills the idea without debate, and CPI volatility can still swing any altcoin fast.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does GRAM break 1.20 today, or fade back with the market? 🤔
Follow for more trades.
#TheOpenNetwork #Crypto #FuturesTrading #TradingSignals
