GRAM Plummets 11% in an Hour, Long Liquidations Reach $5.83M

GRAM, formerly Toncoin, fell 11% in one hour on October 23, dropping from $1.30 to $1.15. This marked the first time it broke below the $1.30 demand zone held since early August. Long liquidations totaled $5.83 million versus just $240,300 in shorts. The break below key support and bearish MACD crossover suggest continued downside risk.