Hereโs a ๐ technical analysis & trade idea for $GRIFFAIN
/USDT Perpetual ๐ฆ ๐ฐ:
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๐ GRIFFAINUSDT Quick Overview
๐ต Last Price: 0.05680 USDT
INR Equivalent: โน16.22
๐ 24h Change: +8.65% ๐
๐ 24h High / Low: 0.05890 / 0.05077
๐ Mark Price: 0.05674
๐ Volume:
GRIFFAIN: 576.78M
USDT: 31.33M
๐ MA(5): 26.98M
๐ MA(10): 29.75M
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๐งฑ Support & Resistance Levels
๐บ Resistance ๐ฐ Current Price ๐ข Support
0.05890, 0.05946 0.05680 USDT 0.05459, 0.05215, 0.04972
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๐ง 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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๐ Trade Setup
โ Bullish Scenario
Entry: 0.05700+ (on sustained candle close)
TP1: 0.05940
TP2: 0.06200
SL: 0.05450
Risk Level: Moderate ๐ถ
Bias: Breakout โ Momentum
๐ Bearish Rejection Scenario
Entry: 0.05650 (if rejection candle + volume drop)
TP1: 0.05450
TP2: 0.05180
SL: 0.05890
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๐ Summary with Emojis
โก Momentum: Bullish with strong volume
๐ Watch Zone:
๐ผ Break above: 0.05900 = continuation
๐ฝ Fall below: 0.05400 = pullback likely
๐ง Ideal for breakout traders & scalpers
#Griffan #StablecoinLaw #BinanceHODLerERA #Write2Earn #biance
