馃殌 $GRT T Ascending Triangle Setup 馃殌
Weekly Chart Insight: The Graph ($GRT) is trading within a bullish ascending triangle, a pattern that often signals a breakout to higher levels.
While current volume is weak, this could indicate consolidation before a big move.
Key Levels to Watch:
Resistance (Breakout Zone): $0.220-$0.230
Support Levels: $0.185-$0.190
Target Levels After Breakout:
Short-Term: $0.320
Mid-Term: $0.495
Long-Term: $0.770
Trader鈥檚 Insight:
Bullish Case: A breakout above $0.230 with strong volume could ignite a rally toward higher targets.
Bearish Risk: A drop below $0.185 might signal further consolidation or a breakdown.
Suggested Next Move:
Entry Strategy: Accumulate near $0.190-$0.200 for lower-risk entries.
Confirm breakout above $0.230 before adding aggressively.
Stop-Loss: Tight stop at $0.180 to manage risk.
Profit Targets: Take partial profits at $0.320 and $0.495, and let the rest ride toward $0.770.
Patience is key鈥攖his pattern suggests a potential explosive move.
Stay alert for volume spikes at the breakout!
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