GRT is the token of an indexing protocol, Graph. The token has gained over 132.9% in the month of February.
According to Dune Analytics, the total number of users of the protocol has increased by approximately 34% in the past year. The token saw 66% QoQ increase in revenue from query fees, as per Messari report. The increase in on-chain metrics strengthen the
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Trade Setup with Technical Analysis
#GRTUSDT (BINANCE)1 day chart.
🟢Long position
🚫STOP Loss $ - 0.0891 ( SL - 7% )
✅Entry Price Around $- 0.0963 - 0.094
🎯 Target Price $ - 0.108 ( TG - 12% )
Risky Target 🎯 : - 0.1174
Technical analysis - Market is currently struggling between 0.093 - 0.10$ which indicates that the market is currently neutral
If the market...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3655).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GRTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.7387).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GRTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
