$GRAM Update – 6H Chart Analysis
GRAM has been squeezing inside a falling wedge since the late-September high. Price is now at 1.389, right at the upper wedge line and the moving average, and it just bounced from the lower trendline near 1.30.
🔹 Watch level: a 6H close above ~1.40 would confirm a breakout
🔹 Target: 1.999 (about +44%)
🔹 Invalidation: 1.279 (about -8%)
🔹 Risk/reward: roughly 1:5.5
If price gets rejected here, the wedge is still unresolved and support near 1.31 matters. Wait for the confirmation candle rather than chasing.
⚠️ This is my own analysis, not financial advice. Do your own research and manage your risk.
#GRAM #Binance #TechnicalAnalysis
GRAM has been squeezing inside a falling wedge since the late-September high. Price is now at 1.389, right at the upper wedge line and the moving average, and it just bounced from the lower trendline near 1.30.
🔹 Watch level: a 6H close above ~1.40 would confirm a breakout
🔹 Target: 1.999 (about +44%)
🔹 Invalidation: 1.279 (about -8%)
🔹 Risk/reward: roughly 1:5.5
If price gets rejected here, the wedge is still unresolved and support near 1.31 matters. Wait for the confirmation candle rather than chasing.
⚠️ This is my own analysis, not financial advice. Do your own research and manage your risk.
#GRAM #Binance #TechnicalAnalysis