📈 BULLISH BIAS | $GRAM Short-term bullish bias: buyers accounted for 63.3% of 1-hour Binance spot volume, and the price is above both the 1h EMA20 and EMA50.
📊 TECHNICALS: The daily and 4h timeframes are moving sideways; only the 1h is rising, so the trend is not yet aligned. The 4h MACD has a positive, expanding histogram, meaning short-term bullish momentum is gaining ground, although the 4h RSI at 72.4 is already quite overheated.
💰 FLOWS: On Binance spot, aggressive buys minus aggressive sells over 24 hours totaled +1.89 million USDT, indicating buyers are taking the initiative. Binance funding at 0.0096%/8h means longs are paying a fee, and top traders are 58.7% long; on OKX and Gate, top traders are instead leaning short.
📰 NEWS: According to The Block (11/11, 00:24 Vietnam time), TON Strategy reported Q3 revenue of $13.1 million, primarily from GRAM staking, as Telegram launched the Gram Wallet.
₿ VS. BTC: Over the past 24 hours, during hours when BTC rose, gains totaled +4% while GRAM rose +10.63%; during hours when BTC fell, losses totaled -2.63% while GRAM fell -2.08%. GRAM is barely following BTC; its price is moving for its own reasons.
🎯 $GRAM LEVELS TO WATCH: support at 1.149 USDT · resistance at 1.211 USDT
🔎 CONCLUSION: The two strongest signals are aggressive buying reaching 63.3% on the 1h and the positive 4h MACD expanding, giving the bulls a short-term advantage as long as 1.149 USDT holds.
⚠️ If a 4-hour GRAM/USDT candle on Binance spot closes below 1.149 USDT (the current candle closes at 23:00), the bullish outlook will no longer be valid.
Data as of 22:36 on 11/11 (UTC+7).
Between 1.149 and 1.211 USDT, do you favor the long or short side, and why?
Manage your capital before entering a trade: each trade should risk only around one percent of your capital.
Not investment advice. DYOR.
#BinanceSquare #GRAM
📊 TECHNICALS: The daily and 4h timeframes are moving sideways; only the 1h is rising, so the trend is not yet aligned. The 4h MACD has a positive, expanding histogram, meaning short-term bullish momentum is gaining ground, although the 4h RSI at 72.4 is already quite overheated.
💰 FLOWS: On Binance spot, aggressive buys minus aggressive sells over 24 hours totaled +1.89 million USDT, indicating buyers are taking the initiative. Binance funding at 0.0096%/8h means longs are paying a fee, and top traders are 58.7% long; on OKX and Gate, top traders are instead leaning short.
📰 NEWS: According to The Block (11/11, 00:24 Vietnam time), TON Strategy reported Q3 revenue of $13.1 million, primarily from GRAM staking, as Telegram launched the Gram Wallet.
₿ VS. BTC: Over the past 24 hours, during hours when BTC rose, gains totaled +4% while GRAM rose +10.63%; during hours when BTC fell, losses totaled -2.63% while GRAM fell -2.08%. GRAM is barely following BTC; its price is moving for its own reasons.
🎯 $GRAM LEVELS TO WATCH: support at 1.149 USDT · resistance at 1.211 USDT
🔎 CONCLUSION: The two strongest signals are aggressive buying reaching 63.3% on the 1h and the positive 4h MACD expanding, giving the bulls a short-term advantage as long as 1.149 USDT holds.
⚠️ If a 4-hour GRAM/USDT candle on Binance spot closes below 1.149 USDT (the current candle closes at 23:00), the bullish outlook will no longer be valid.
Data as of 22:36 on 11/11 (UTC+7).
Between 1.149 and 1.211 USDT, do you favor the long or short side, and why?
Manage your capital before entering a trade: each trade should risk only around one percent of your capital.
Not investment advice. DYOR.
#BinanceSquare #GRAM
