🚨 $GRAM BEARISH TRADE ALERT
$GRAM remains in a bearish structure, with price trading near the $1.30 support after a -3.99% decline. Sellers are maintaining pressure, and a clean breakdown below $1.30 could expose fresh downside liquidity, while only a strong reclaim above $1.38 would begin to weaken the bearish setup.
Trade Setup
Entry: $1.295 – $1.315
Target 1: $1.270
Target 2: $1.235
Target 3: $1.190
Stop Loss: $1.382
How it's possible
Market structure: Price is showing weakness and needs to reclaim higher resistance before a bullish reversal can be trusted.
Lower highs/lower lows: Continued failure to build a meaningful higher high keeps the short-term structure tilted toward sellers.
Support/Resistance: $1.30 is the key support, while $1.35–$1.38 forms the major resistance area.
Volume confirmation: A breakdown supported by expanding volume would confirm stronger seller participation.
Momentum: Negative daily momentum favors continuation if buyers fail to defend $1.30.
Liquidity: A break below $1.30 could trigger stops and sweep long liquidity underneath support.
Breakdown/rejection confirmation: The stronger short trigger is a confirmed close below $1.30 followed by a failed retest.
If price closes above $1.382, the bearish setup fails and the trade should be exited to protect capital.
Let’s go and Trade now $GRAM
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