Gram trades lower facing resistance at MA-50 near $2.014: weekly analysis

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Gram falls 3.99% this week

Highlights

GRAM maintains a bearish bias as it trades below medium- and long-term trend benchmarks, with short-term support near $1.51.
Technical signals are mixed, with momentum oscillators lacking clear direction and MACD favoring further downside.
The 7-day outlook expects GRAM to range between $1.51 and $1.75, with a 75% chance of continued decline absent a decisive upside breakout.

Mixed momentum and failure to rebound sustain bearish technical bias this week

Technical analysis on the weekly timeframe shows GRAM supported by MA-20 at $1.525, which acts as a near-term floor, while the MA-50 at $2.014 remains a strong resistance zone. Weekly volatility is elevated at 15.88%. Momentum signals are mixed: MACD issues a strong sell, ADX reflects active buyers, and oscillators such as RSI, Stochastic RSI, and CCI remain neutral to mildly bearish with no clear overbought or oversold conditions. Bull/Bear Power is mildly positive but is not enough to counter the ongoing price softness. The failure to recover in the second half of the week points to lingering weakness.

Sideways or lower trajectory seen next week as bullish signals remain scarce

Looking ahead to the next 7 days, the forecast expects GRAM to trade mainly between $1.51 and $1.75. Only one out of four key weekly indicators gives a buy signal, suggesting a 75% probability of further decline and only a 25% chance of meaningful upward movement. The base case calls for continued sideways or lower price action unless there is a decisive break above $1.75. If the $1.51 support fails, the asset may extend its recent downward trend.

Anton Kharitonov, expert at Traders Union, sees the weekly trend in Gram (GRAM) as persistently pressured to the downside. Price held above the MA-20 at $1.525, but the failure to break higher and drooping momentum indicators signal weakness. Over the past week, GRAM fell nearly 4%, closing nearer the lower part of its range despite modest buyer presence. Most technical signals remain neutral to bearish, with only limited support from bull/bear power—this is not enough to counter downward momentum. For the coming week, Kharitonov expects GRAM to drift between $1.51 and $1.75, with a clear risk that a breakdown below support could trigger further declines. "Until GRAM can decisively reclaim and hold above $1.75, I remain cautious and see no sustainable upside scenario at this stage."

In a recent review, Gram was characterized by persistent bearish momentum and weak prospects for a significant recovery. The latest weekly signals reinforce this cautious view, highlighting that continued downward price action remains the predominant risk unless a sustained move above $1.75 emerges.

Source of Data: TON Price Analysis by TU

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

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