I am favoring a short on $GRIFFAIN right now as the trend structure is breaking down on multiple timeframes. We recently lost a critical support floor which has now flipped into a strong resistance block on the retest. Open interest remains dangerously high while spot volume is declining, suggesting long positions are highly vulnerable to a cascade. Momentum indicators confirm the downside continuation.
👇 If this setup makes sense to you, drop a follow — more trading logic coming.
🎯 ENTRY: $0.0162
🏆 TP1: $0.01548
🏆 TP2: $0.01514
🏆 TP3: $0.01471
🏆 TP4: HOLD
👇 If this setup makes sense to you, drop a follow — more trading logic coming.
🎯 ENTRY: $0.0162
🏆 TP1: $0.01548
🏆 TP2: $0.01514
🏆 TP3: $0.01471
🏆 TP4: HOLD