Market Overview: The Graph (GRTUSDT) – 2025-08-26

• The Graph (GRTUSDT) posted a 24-hour close below the intraday high, signaling bearish pressure late in the session.
• A notable volume spike occurred near the 0.086–0.087 cluster, suggesting key support was tested and partially held.
• RSI shows no extreme overbought/oversold readings, but momentum slowed significantly after 19:00 ET.
• Price remained within a Bollinger Band contraction until 20:15 ET, followed by a volatile breakdown.
• Fibonacci retracements highlight 0.0857 (61.8%) as a probable short-term floor if support holds.

The Graph (GRTUSDT) opened at 0.0899 on 2025-08-25 12:00 ET, reached a high of 0.0906, a low of 0.0856, and closed at 0.0877 on 2025-08-26 12:00 ET. Total volume for the 24-hour period was approximately 12.68M GRT, and notional turnover (USDT) was around $1.11M.

Structure & Formations

The price structure showed a bearish breakdown after 20:15 ET, forming a series of lower highs and lower lows, with a key bearish engulfing pattern visible at 20:30 ET. A small doji at 22:00 ET signaled indecision before a modest recovery began. Key support appears to be consolidating at 0.0856–0.0862, which held during the most aggressive sell-off.

Moving Averages

On the 15-minute chart, the 20-period MA crossed below the 50-period MA, reinforcing the bearish bias. Daily MAs (50, 100, and 200) are aligned in a descending order, suggesting a continuation of the broader downtrend. Price remains below all moving averages, confirming bearish momentum.

MACD & RSI

The MACD crossed into negative territory around 20:00 ET, with a bearish divergence emerging between price and the histogram. RSI flattened at around 42–45 by the close, indicating a neutral to slightly bearish momentum. There is no sign of overbought conditions, but momentum appears to be running out of steam.

Bollinger Bands

Price remained within a narrow Bollinger Band range until 20:15 ET, with volatility expanding as the breakdown occurred. The close of the 24-hour period saw price settle just above the lower band, indicating a potential bounce from the 0.0857 level.

Volume & Turnover

The highest notional turnover occurred at 20:30 and 22:00 ET, corresponding to two of the largest bearish candles. A divergence between rising turnover and falling price was observed after 23:00 ET, suggesting a potential exhaustion of short-term bearish momentum.

Fibonacci Retracements

Applying Fibonacci retracements to the 0.0856–0.0896 swing, the 61.8% level at 0.0862 appears to be a key near-term floor. A break below 0.0856 would target the next Fibonacci level at 0.0848, which is untested in the dataset.

The Graph could test 0.0856–0.0862 as a key support zone in the next 24 hours, with a potential bounce or further breakdown depending on order flow. A break below 0.0856 would likely invite more selling pressure, but traders should remain cautious of potential short-term volatility or a surprise reversal.