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【$GRIFFAIN Signal】Pullback confirmation, bulls make a second push
$GRIFFAIN 1H timeframe stabilizes above EMA20, and the price is once again pushed up to the upper half of the Bollinger Bands. The 4H MACD histogram continues to expand, indicating that bullish momentum remains strong. Despite frantic order cancellations, buy-side depth remains solid, with dense orders below 0.01402, clearly indicating capital support.
🎯Direction: Long
⚡Entry: Enter at current price around 0.01405, or add positions on a pullback near 0.0138.
🛑Stop Loss: 0.0133
🚀Target 1: 0.0147
🚀Target 2: 0.0155
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0142, consider exiting early.
The 4H price has broken above the previous high, open interest is stable, and funding rates are moderate, showing no signs of overheating. The 1-hour RSI is at 66, leaving room for further upside. Sell orders thin out clearly above 0.01406, making a breakout less resistant. The current risk-reward ratio is close to 4:1, making it worthwhile to use a smaller stop loss to bet on trend continuation. Under this structure, missing the move carries a higher risk than the cost of a stop loss.
View real-time market 👇 $GRIFFAIN
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#Gate广场四月发帖挑战 #加密市场行情震荡 #国际油价走高