$GRIFFAIN USDT breakout is strong, but I’d wait for the pullback
Your chart shows 0.0253 after a +30% move, with 1.07B #GRIFFAIN volume. The important area is now 0.0253–0.0270; above that, the recent 0.0291–0.0297 zone becomes the next test. The broader market data also shows GRIFFAIN has been gaining momentum recently.
Long setup
- Entry: 0.0240–0.0253
- SL: 0.0227
- TP1: 0.02705
- TP2: 0.02909
- TP3: 0.02970
Invalidation: below 0.0227 with sustained selling.
I wouldn’t chase a vertical candle here. A clean retest of 0.0240–0.0253 holding as support would give a much better risk/reward. GRIFFAINUSDT is a Binance perpetual, so volatility and leverage risk are significant.
Your chart shows 0.0253 after a +30% move, with 1.07B #GRIFFAIN volume. The important area is now 0.0253–0.0270; above that, the recent 0.0291–0.0297 zone becomes the next test. The broader market data also shows GRIFFAIN has been gaining momentum recently.
Long setup
- Entry: 0.0240–0.0253
- SL: 0.0227
- TP1: 0.02705
- TP2: 0.02909
- TP3: 0.02970
Invalidation: below 0.0227 with sustained selling.
I wouldn’t chase a vertical candle here. A clean retest of 0.0240–0.0253 holding as support would give a much better risk/reward. GRIFFAINUSDT is a Binance perpetual, so volatility and leverage risk are significant.
