Here’s a 🔍 technical analysis & trade idea for $GRIFFAIN
/USDT Perpetual 🦅💰:
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📊 GRIFFAINUSDT Quick Overview
💵 Last Price: 0.05680 USDT
INR Equivalent: ₹16.22
📈 24h Change: +8.65% 🚀
📊 24h High / Low: 0.05890 / 0.05077
📍 Mark Price: 0.05674
🔁 Volume:
GRIFFAIN: 576.78M
USDT: 31.33M
📉 MA(5): 26.98M
📉 MA(10): 29.75M
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🧱 Support & Resistance Levels
🔺 Resistance 💰 Current Price 🟢 Support
0.05890, 0.05946 0.05680 USDT 0.05459, 0.05215, 0.04972
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🔧 Market Insight
Volume is very strong — over 43M recent spike vs. avg MA levels.
Bullish momentum visible after breaking out from low zone 0.05077.
Close to testing local top at 0.05890. Could be a breakout OR retracement level.
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📈 Trade Setup
✅ Bullish Scenario
Entry: 0.05700+ (on sustained candle close)
TP1: 0.05940
TP2: 0.06200
SL: 0.05450
Risk Level: Moderate 🔶
Bias: Breakout ➕ Momentum
🛑 Bearish Rejection Scenario
Entry: 0.05650 (if rejection candle + volume drop)
TP1: 0.05450
TP2: 0.05180
SL: 0.05890
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🔍 Summary with Emojis
⚡ Momentum: Bullish with strong volume
🔄 Watch Zone:
🔼 Break above: 0.05900 = continuation
🔽 Fall below: 0.05400 = pullback likely
🧘 Ideal for breakout traders & scalpers
#Griffan #StablecoinLaw #BinanceHODLerERA #Write2Earn #biance