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