Market Analysis: GRIFFAIN/USDT
Current Technical Outlook:
GRIFFAIN is showing signs of bullish strength after stabilizing in the range of 0.065–0.0688. This consolidation, along with emerging buying volume, suggests potential for an upward move.
Trade Setup – LONG Position
Entry Zone:
Primary Entry: 0.0688
Optimal Dip Entry: 0.065
Targets:
1. 0.072
2. 0.076
3. 0.081
4. 0.090
5. 0.110
6. 0.140
7. 0.170
8. 0.250+
Stop Loss:
0.060 (below key support to manage downside risk)
Analysis:
If price holds above the 0.065 support zone and breaks past 0.072 with volume, it may initiate a multi-stage bullish breakout. Each target aligns with previous resistance levels and Fibonacci extensions. The breakout above 0.090 could trigger further parabolic moves, especially if backed by overall market sentiment.
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