The Graph [GRT] support & direction

Hi everyone,

Looking at the 4H timeframe, after a strong bearish move when hitting its ATH $2.88 in Mid. February, GRT seems to found support at its 0.618 Fib. retracement (~$1.25).
In case we can hold the grey trend line as support, other important levels can be tested as highlighted in the chart.
As these corrections are normal market cycles, I am still bullish on The Graph in the long run!

Strong fundamentals:
> Migration path to Mainnet starting in April 2021
> Team expansion
> Integration Clover Finance

In case we fall below the lower grey trendline that acts as support, above set-up will be invald

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This is not financial advice
GRTgrtusdtthegraphthegraphusdtTrend Analysis

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