$G is heading down! Here’s why ⚠️📉

Gravity’s ($G) chart is flashing some warning signs, folks. The price is struggling to stay above $0.0348, with the moving averages sloping down — the 7-day and 25-day SMAs both acting as resistance levels. The 99-day SMA looms above at $0.0341, and it doesn’t look like G has the momentum to push through. The MACD is also painting a bearish picture, with a small but steady divergence forming. The histogram is in negative territory, showing decreasing momentum, and we could see more downside pressure if buyers don’t step in soon.

Volume is sitting at 3.66M, which suggests there isn’t enough interest to break out of this downtrend yet. Watch for potential support around $0.0320, but if that breaks, $G could be in for a rough ride. Keep an eye on this one, but for now, it looks like the bears are in control 🐻.