$GRT
🚀 GRT: Coiling Near Critical Support—Bounce or Breakdown Ahead?
📌 Price: ~$0.0753 (range: $0.072–$0.076)
📊 Sentiment: Technical signals lean bearish, but on-chain and usage trends hint at a bottom
---
🔍 Key Drivers & Insights
Bearish Technicals: 8/12 indicators signal bearish; SMA/EMA alignment is negative
Strong Usage: Q1 saw record query volume (~6.14B), 12K+ active subgraphs, with indexing rewards growing—solid network fundamentals
Support Zone: Holding key support around $0.073–$0.075; Bollinger Bands tightening suggest volatility compression ahead
Sentiment & Forecasts: Fear & Greed index neutral (~47); forecasts mixed—target range $0.082–$0.095 by July, some models see upside to $0.10–$0.12 in 2025
---
🎯 Trade Strategy Table
Setup Entry Trigger Targets Stop-Loss
🟢 Bullish Bounce at $0.073–$0.075 support TP1: $0.082 → TP2: $0.095 → TP3: $0.110 < $0.071
🔼 Breakout Close > $0.082 with 2× volume Same TPs < $0.080
🔻 Bearish Breakdown < $0.073 confirmed $0.065 → $0.058 → $0.050 > $0.075
---
⚡ Why This Setup Works
1. Network fundamentals remain strong—6B+ Q1 queries & growing indexing usage
2. Support at $0.073–$0.075 aligns with 0.786 Fib and chart structure—key inflection area
3. Sentiment turning—Bearish technicals vs neutral sentiment and bullish forecast create a tactical edge
---
🛡 Pro Trader Tips
Confirm volume spikes (2× average) on plays.
Scale exits at each TP to lock in gains.
Use tight stops just outside zones.
Monitor query usage and developer growth—on-chain data often leads price moves.
🔔 DYOR and Follow me for more information and updates please .