Hereโ€™s a ๐Ÿ” technical analysis & trade idea for $GRIFFAIN

/USDT Perpetual ๐Ÿฆ…๐Ÿ’ฐ:

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๐Ÿ“Š GRIFFAINUSDT Quick Overview

๐Ÿ’ต Last Price: 0.05680 USDT

INR Equivalent: โ‚น16.22

๐Ÿ“ˆ 24h Change: +8.65% ๐Ÿš€

๐Ÿ“Š 24h High / Low: 0.05890 / 0.05077

๐Ÿ“ Mark Price: 0.05674

๐Ÿ” Volume:

GRIFFAIN: 576.78M

USDT: 31.33M

๐Ÿ“‰ MA(5): 26.98M

๐Ÿ“‰ MA(10): 29.75M

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๐Ÿงฑ Support & Resistance Levels

๐Ÿ”บ Resistance ๐Ÿ’ฐ Current Price ๐ŸŸข Support

0.05890, 0.05946 0.05680 USDT 0.05459, 0.05215, 0.04972

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๐Ÿ”ง Market Insight

Volume is very strong โ€” 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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๐Ÿ“ˆ Trade Setup

โœ… Bullish Scenario

Entry: 0.05700+ (on sustained candle close)

TP1: 0.05940

TP2: 0.06200

SL: 0.05450

Risk Level: Moderate ๐Ÿ”ถ

Bias: Breakout โž• Momentum

๐Ÿ›‘ Bearish Rejection Scenario

Entry: 0.05650 (if rejection candle + volume drop)

TP1: 0.05450

TP2: 0.05180

SL: 0.05890

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๐Ÿ” Summary with Emojis

โšก Momentum: Bullish with strong volume

๐Ÿ”„ Watch Zone:

๐Ÿ”ผ Break above: 0.05900 = continuation

๐Ÿ”ฝ Fall below: 0.05400 = pullback likely

๐Ÿง˜ Ideal for breakout traders & scalpers

#Griffan #StablecoinLaw #BinanceHODLerERA #Write2Earn #biance