$GRAM: considering a recovery after support at $1.00–1.03 is confirmed
GRAM saw a strong rebound from its yearly low near $0.99 before entering a correction. Its relative resilience in a weak market keeps buying interest alive, but further movement depends on how price reacts to support.
We are considering an updated bullish scenario from $1.00–1.03. The preferred level within this range is around $1.02. Before entering, we want to see support hold: either a sweep of the local low followed by a reclaim, or a break in the downtrend structure on a lower-timeframe chart.
The nearest recovery zone is $1.14–1.15, followed by $1.21 and $1.28–1.32. The previous demand zone near $1.1428 has already been broken to the downside, so we now view it as possible resistance on the way up from lower support.
A sustained move above $1.29 and a successful retest from above would open the door to a broader recovery. Further ahead, the $1.55 area could serve as a target; for now, we are leaving higher targets out of the near-term outlook.
The protective level for a new entry from the lower zone is $0.96. A 4-hour candle close below it invalidates this scenario. We are looking for a near-term recovery over the next 1–3 weeks; higher targets require separate confirmation.
#GRAM #BTC #SOL
GRAM saw a strong rebound from its yearly low near $0.99 before entering a correction. Its relative resilience in a weak market keeps buying interest alive, but further movement depends on how price reacts to support.
We are considering an updated bullish scenario from $1.00–1.03. The preferred level within this range is around $1.02. Before entering, we want to see support hold: either a sweep of the local low followed by a reclaim, or a break in the downtrend structure on a lower-timeframe chart.
The nearest recovery zone is $1.14–1.15, followed by $1.21 and $1.28–1.32. The previous demand zone near $1.1428 has already been broken to the downside, so we now view it as possible resistance on the way up from lower support.
A sustained move above $1.29 and a successful retest from above would open the door to a broader recovery. Further ahead, the $1.55 area could serve as a target; for now, we are leaving higher targets out of the near-term outlook.
The protective level for a new entry from the lower zone is $0.96. A 4-hour candle close below it invalidates this scenario. We are looking for a near-term recovery over the next 1–3 weeks; higher targets require separate confirmation.
#GRAM #BTC #SOL