GRAM edges lower facing resistance at MA-20 near $1.57: weekly outlook

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Gram falls 1.70% this week

Highlights

GRAM remains under sustained selling pressure, trading below key moving averages and near the bottom of its weekly range at $1.561.
Momentum indicators, including MACD and Bull/Bear Power, signal a prevailing bearish trend with selling dominance and no evidence of an oversold condition.
Price is expected to consolidate between $1.54 and $1.70 this week, with only a 25% probability of a bullish reversal.

Sustained bearish momentum as technical indicators reinforce selling pressure

Technical indicators on the weekly timeframe maintain a distinctly bearish stance. The W1 MACD signals strong selling momentum, supported by the ADX at 25.65, confirming a trend persists but without bullish conviction. Weekly RSI stands at 47.19 (in sell territory), while the Stochastic RSI and CCI are neutral but do not show signs of immediate oversold conditions. Bull/Bear Power remains in favor of sellers, with the Awesome Oscillator neutral — all reinforcing the ongoing downward pressure. Weekly volatility sits at 9.20%, with clear resistance at the MA-20 ($1.5729) and additional resistance near $1.70, while support rests at the $1.54 area.

Consolidation expected as downside risk persists next week

For the next 7 days, the weekly outlook projects continued consolidation for GRAM within a $1.54 to $1.70 corridor. Based on current W1 indicators, the probability of a bullish reversal is limited to approximately 25%, while further downside remains likely if sellers persist. The base case anticipates range-bound price action, but a close below $1.54 would confirm renewed weakness. A decisive move above $1.70 could trigger a short-term rebound if buyer momentum returns.

Anton Kharitonov, expert at Traders Union, sees ongoing selling pressure on Gram (GRAM) dominating the weekly chart. He notes that GRAM closed well below both the MA-20 and MA-50, with momentum and trend signals firmly bearish all week. Over the past week, no significant news changed the technical outlook. The analyst believes consolidation between $1.54 and $1.70 is the most likely scenario, but a break below $1.54 could trigger renewed weakness. Any attempt to recover will likely remain capped unless buyers can force a close above $1.70. "As long as GRAM stays below its key resistance at $1.70, I remain cautious and see no reason to expect a meaningful rebound this week."

Earlier, analysts noted that GRAM’s long-term outlook remained stable amid growing network activity, despite the absence of major catalysts. Current technical signals reinforce the prevailing downside bias, making the $1.54 support area a critical level to monitor for potential renewed weakness in the days ahead.

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

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