GRAM Rises 3.95% to $1.24 on Weak Volume, Stays Below Key Moving Averages
- —Price at $1.24, up 3.95% on the day, but volume 32.92% below the 30-day average
- —Token sits below SMA-7 ($1.26), SMA-15 ($1.31) and SMA-30 ($1.39)
- —RSI at 36.3 and a bearish MACD signal weak momentum
- —GRAM is down 20.13% over 30 days and 32.22% below its $1.83 all-time high
Why it matters: A rally on thin volume below key averages does not confirm a trend reversal, so traders should wait for a volume-backed breakout.
Source: DiarioBitcoin