After a tremendous first leg $GRAY has taken some much needed time to cool off.

Right now we have some extremely healthy distribution going on with old holders exiting and new ones joining.

Price is tagging the -50% area whilst almost tagging oversold on the 1H RIS, and supply is getting bought up quickly. Some really nice wicks.

My expectations are a bit more time wicking into this area, maybe even slightly below it...

But holding the $1.20 level.

If you are someone looking for entry, DCA around these levels would be your best best to acquire the best price.

If markets stay strong I would expect to see $GRAY pushing back up towards the highs by the end of the week, beginning of next week.

This is a $500m+ project in my mind - the use case is unlimited to be honest.

Of course we will not go to $500m in one go... there will be lots of expansions and corrections.

But either way, expecting this to leg much higher fairly soon.