Market Analysis: GRT & LINK – Update
1. GRT (The Graph)
Current Price: $0.09
Structure: Forming an inverted head & shoulders or triple bottom – both bullish.
Key Support: $0.085
Neckline Resistance: $0.10
Trade Setup:
Entry: $0.088–$0.09
Target 1: $0.10 (neckline breakout)
Target 2: $0.15
Target 3: $0.20
Stop Loss: Close below $0.085 for 2 days
Comment: If $0.10 breaks with volume, expect a breakout toward higher targets.
---
2. LINK (Chainlink)
Current Price: $13.4
Structure: Cup and handle forming, but at risk of invalidation
Key Support: $13
Resistance: $15
Trade Setup:
Entry: $13.4
Target 1: $15
Stop Loss: Close below $13
Bearish Scenario Target: $10 if $13 fails
Comment: $13 is crucial. Hold = potential rally to $15. Loss = risk of breakdown to $10.