Graphite Protocol’s (GP) chart is showing a classic ascending channel pattern post-listing

Just noticed the new GP/USDT pair on BingX and wanted to share an observation.

Looking at the 30-minute chart, the token has formed a very clean ascending parallel channel since it began trading. The price just bounced neatly off the lower trendline support around the $5.5 mark, which is often a key area of interest for trend traders. It seems to be holding steady for now.

Fundamentally, the project is a toolkit for creators on Solana, which sounds like a solid utility in the current ecosystem. The combination of this technical setup with a new listing narrative is interesting.

Sharing for anyone else tracking this new token.