#GRT/USDT 12h (Bybit) Symmetrical triangle breakdown and retest

The Graph got rejected on resistance forming a shooting star with an overbought RSI, retracement down to 50MA support seems in play.

⚡️⚡️ #GRT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.8X)
Amount: 5.0%

Current Price:
0.12445

Entry Targets:
1) 0.13580

Take-Profit Targets:
1) 0.10715

Stop Targets:
1) 0.15015

Published By: @TradingOn

GRT #GRTUSDT #TheGraph #AI #Web3

Risk/Reward= 1:2
Expected Profit= +80.2%
Possible Loss= -40.2%
Estimated Gaintime= 3-4 weeks

thegraph.com/

Order cancelled:

ByBit USDT
#GRT/USDT Cancelled ❌
Target achieved before entering the entry zone

GRT retraced down nicely, unfortunately entry was never filled.