Gram falls over 7% as sellers dominate short-term trend

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Gram slides 7.29% to $1.65 today

Highlights

GRAM/USD remains under bearish pressure, trading below short- and medium-term moving averages with weak intraday momentum.
Key technical indicators signal oversold conditions, while high volatility and pronounced seller dominance drive price toward daily lows.
Expected range for the next 2–3 days is $1.5893 to $1.7167, with a consolidation bias and downside break increasing bearish risk.

Bearish momentum persists amid conflicting oversold signals

On the hourly chart, GRAM/USD is trading below the MA-20 at $1.7166 and MA-50 at $1.7469, while on the daily timeframe it holds above the MA-200 at $1.5565. The Ichimoku Kijun currently marks resistance at $1.7235. Momentum remains weak, evidenced by the Moving Average Convergence Divergence (MACD) and Average Directional Index (ADX) both signaling sell conditions. The Relative Strength Index (RSI) stands at 38.03 and the Commodity Channel Index (CCI) also confirm oversold territory, although the Stochastic RSI is flagged as overbought, creating a contradictory signal. Bull/Bear Power points to continued seller dominance intraday, while the Awesome Oscillator (AO) is neutral, providing no immediate bias.

Bearish breakdown risk rises as range-bound trade dominates

In the short term, GRAM/USD is expected to trade within the $1.5893 to $1.7167 range, consistent with typical volatility bands. There is a 25% probability for an upside move, with a bearish breakdown favored as more likely. Buyers will need a confirmed break above $1.7235 to reclaim control, while a sustained drop below $1.5893 would likely accelerate further losses. The base case scenario is for price to consolidate laterally within this corridor over the next several days.

Viktoras Karapetjanc, senior analyst at Traders Union, sees the persistent sell signals and lack of positive catalysts as limiting upside for GRAM in the immediate term. He observes that the asset remains pressured below key short-term moving averages, with momentum weak and sellers dominating. Karapetjanc notes the price is most likely to consolidate sideways unless bulls can retake $1.7235. "Until we see renewed buying interest or a break above resistance, I expect GRAM to stay within its current range, with the risk of further downside if support fails."

Earlier, analysts noted that Gram’s bullish momentum was accompanied by rising volatility and diverging technical signals, urging caution despite the prevailing uptrend. The current shift to bearish momentum and confirmed sell signals now highlight the importance of watching for a break below $1.5893, which would signal heightened downside risk beyond the recent consolidation range.

Source of Data: GRAM 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.