$GRT Trading Opportunity Alert!
Technical Setup: $GRT is breaking out of an ascending triangle on the 4H chart, confirming a strong bullish trend. Current price at $0.36, with a 24H volume surge (+95% to $165M). RSI at 63 signals robust momentum without overbought conditions, and MACD shows a bullish crossover with expanding histogram bars.
Entry Zone: $0.34–$0.37 for a high-probability setup.
Stop Loss: $0.31 to manage volatility risks.
Targets:
TP1: $0.42 (+17%)
TP2: $0.50 (+39%)
TP3: $0.65 (+80%)
Why $GRT ?
X posts highlight a 38% weekly gain and bullish sentiment targeting $0.50–$1.00. The Graph’s role as the “Google of Web3,” indexing data for DeFi and AI dApps, drives adoption. Partnerships with Uniswap and Chainlink, plus a $3.4B market cap, fuel fundamentals. On-chain data shows increased query volume and whale activity.
Strategy: Enter on a pullback to $0.35 with volume confirmation. Take profits at TP1 to secure gains, trail stops for TP2/TP3 if momentum persists. Crypto markets are volatile—use strict risk management (1-2% account risk per trade).
Traders, this Web3 gem is set to soar! DYOR and trade responsibly!