![The Graph [GRT] market weakened – Can $0.1723 support hold?](https://i.newsformal.com/images/2023/2/9/cryptoamb/the-graph-grt-market-weakened-can-0-1723-support-h-the-graph-grt-market-weakened-can-0-1723-support-h-1623676338602123264.webp)
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinionShort-term sell pressure was still high at press time.
Notably, the Relative Strength Index retreated but was still bullish at 57 units. But the Chaikin Money Flow exhibited a sideways movement above the zero line, showing a battered but steady market that could enter a price consolidation.
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