$GRT/BTC 1D (Binance Spot) Falling wedge near breakout

TheGraph is retesting 50MA support and seems ready for a big move-up after!
That DeFi / BSC token is also part of most Ecosystems such as Solana, Polygon, Fantom, NearProtocol, Avalanche, Sora...
But even more important, it's the Ai / BigData leader, more information on thegraph.com

Current Price= 0.00001549
Buy Entry= 0.00001552 - 0.00001418
Take Profit= 0.00002017 | 0.00002571 | 0.00003020
Stop Loss= 0.00001181

Risk/Reward= 1:1.75 | 1:3.57 | 1:5.05
Expected Profit= +35.82% | +73.58% | +103.37%
Possible Loss= -20.47%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 3 months

Trade ativo:

First entry filled

TheGraph bounced and is now breaking out, rejected twice on 200MA resistance, we believe next attempt would be it!

Trade ativo:

Second entry filled

TheGraph revisited 50MA / wedge support and is trying to break 200MA resistance again!

Trade fechado: stop atingido:

SL was hit with -20.47% and -1R

TheGraph never managed to regain 50MA support and continued the downtrend!
Chance to get back to BE seems quite low but maybe a retest of 50MA before more retracement.