GRIFFAIN PLUNGES THROUGH KEY SUPPORT 🚨📉
The 4‑hour chart ripped through the $0.01259 support cluster, dragging
$GRIFFAIN 19.9% lower in 24 hours 📉. Volume spiked to $40.71 M while the price tested the $0.01253 low, indicating aggressive liquidity consumption. The break of the order block around $0.01290 erased the last bullish micro‑structure, turning the prior demand zone into a fresh supply pocket.
With the next major liquidity pool sitting near $0.01220, the market is now fighting a thin demand wall. The mid‑range $0.01472 area remains a potential pivot, but the price remains well below the $0.01682 resistance that held the recent high, suggesting the rally is still far off. Momentum oscillators are turning negative, reinforcing the view that the move is more than a routine correction 📊.
Institutional macro‑asset flows have tilted toward risk‑off postures, prompting a cascade of sell orders across the alt‑coin spectrum. The breach of the $0.01290 order block aligns with a broader depletion of buying pressure, reinforcing the bearish bias for
$GRIFFAIN today 📉.
Levels to monitor:
Watching support around $0.01220
Structure suggests resistance near $0.01630
Mid range area: $0.01472
DYOR
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