Guys, GRAM is at 1.207 now. It’s given back some of last night’s rally.
First, I’ll own my mistake. In my 10 o’clock post, I said 1.215 would turn from resistance into support, and that holding the retest would keep the bullish outlook intact. But it didn’t hold—it broke below at 10:30, and just after midnight it dropped to a low of 1.18. I got that support level wrong.
Buyers stepped in at 1.18, and the price climbed back to 1.22 before getting pushed down again. Now it’s stuck below 1.215.
Trading volume is still around $160 million. The money hasn’t left, but fewer people are chasing the price.
I’m revising my outlook from bullish to wait and see. Let’s see if it can reclaim 1.215 first. If it does, the next level to watch is last night’s high of 1.253. If it breaks below 1.18 again, don’t count on this rebound continuing.
The tokens scheduled to unlock on the 22nd are still on my radar. I’ll let you guys know as soon as there’s any news. #GRAM $GRAM
First, I’ll own my mistake. In my 10 o’clock post, I said 1.215 would turn from resistance into support, and that holding the retest would keep the bullish outlook intact. But it didn’t hold—it broke below at 10:30, and just after midnight it dropped to a low of 1.18. I got that support level wrong.
Buyers stepped in at 1.18, and the price climbed back to 1.22 before getting pushed down again. Now it’s stuck below 1.215.
Trading volume is still around $160 million. The money hasn’t left, but fewer people are chasing the price.
I’m revising my outlook from bullish to wait and see. Let’s see if it can reclaim 1.215 first. If it does, the next level to watch is last night’s high of 1.253. If it breaks below 1.18 again, don’t count on this rebound continuing.
The tokens scheduled to unlock on the 22nd are still on my radar. I’ll let you guys know as soon as there’s any news. #GRAM $GRAM
