The Graph: Intensifying bearish structure drives intraday losses and weak rebound prospects

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The Graph drops 7.98% to $0.03033

Highlights

The Graph (GRT) trades well below the MA-20 ($0.038316), MA-50 ($0.038318), and MA-200 ($0.068494), confirming pervasive bearish momentum across all timeframes.
Momentum gauges including MACD, RSI (34.49), Commodity Channel Index (–128.5), and Stochastic RSI at zero indicate extreme oversold conditions with no convincing signs of a reversal.
Key resistance sits at the daily Ichimoku Kijun ($0.038755), while a breakdown below $0.0275 could trigger further declines; near-term trading likely constrained within $0.0275–$0.0330.

Persistent downside as oversold indicators align with intraday volatility

Momentum remains weak as the MACD is negative and confirms a sell signal, while ADX suggests a subdued trend. Both the RSI (34.49) and Commodity Channel Index (–128.5) are in oversold territory, joined by the Stochastic RSI, which is pinned at zero — reflecting oversold conditions but weak buying conviction. Bull/Bear Power stays negative, reinforcing intraday seller control, and the Awesome Oscillator also supports the bearish outlook. After a slight gap up from the previous close ($0.03296) to the open ($0.033152), the price slid 7.98% intraday, currently near today’s low ($0.02994), which reflects high volatility and persistent pressure after the open; all intraday indicators point to sustained downside momentum with no clear reversal signals yet.

Low rebound odds as bearish structure contains price within volatility band

Looking ahead, a typical weekly trading range for GRT is estimated at $0.0275 to $0.0330, keeping current price action within a volatility band relative to current levels. The probability of a price increase in the coming week is very low (less than 20%), while further declines are much more likely given the unbroken bearish structure on all daily and weekly indicators. The baseline scenario envisions GRT fluctuating sideways within this corridor. A bullish turnaround would require a strong break above the Ichimoku Kijun resistance near $0.0388, while a bearish scenario would unfold if the price falls below $0.0275, exposing further downside risk.

Anton Kharitonov, expert at Traders Union, sees the bearish momentum in The Graph (GRT) as firmly entrenched, given persistent weakness across all major technical indicators. The analyst notes that sellers remain dominant, with no strong signs of reversal or dynamic support emerging. Key resistance at $0.0388 must be reclaimed before any upside scenario is considered. "Until GRT breaks above the Ichimoku Kijun, my baseline expectation is continued sideways or lower, and buying here looks premature."

Last time, analysts noted that The Graph is under persistent selling pressure, trading well below its major moving averages, with daily indicators such as RSI and MACD remaining firmly bearish and momentum signals subdued. Downside risk remains elevated, as sellers dominate intraday levels and any sustained recovery is unlikely unless the price reclaims key resistance near the Ichimoku Kijun.

Source of Data: GRT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.