The GraphLong
GRT - 1W - Signs of Recovery
After breaking through a major downtrend line in February 2024, GRT (The Graph) is now retesting that same trendline as support.
A bullish momentum initially emerged but has since lost steam for now. However, the MACD is gradually turning upwards, and the zero line is getting closer, indicating potential strength ahead.
Traders will be watching closely to see if the support holds or if further consolidation is needed before another move higher.
A bullish momentum initially emerged but has since lost steam for now. However, the MACD is gradually turning upwards, and the zero line is getting closer, indicating potential strength ahead.
Traders will be watching closely to see if the support holds or if further consolidation is needed before another move higher.
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