📊 $GRIFFAIN /USDT Technical Analysis – 2H Chart
Griffain has shown impressive +30.89% gains, currently trading at $0.2589. Here’s how the levels are shaping up:
---
Key Levels to Watch #Griffain
1️⃣ Important Support Level:
$0.1884: This is a critical level to hold. If this support breaks, we may see further downside, potentially triggering more sell-offs.
2️⃣ Near-Term Breakout Level:
$0.3004: A breakout above this level could signal strong bullish momentum, pushing prices higher in the short term.
3️⃣ Bull Breakout Level:
$0.3936: A move above this level would confirm a strong bullish trend, opening doors for a sustained upward rally.
---
Current Observations
Griffain has bounced off the important support zone at $0.1884, showing signs of recovery.
The price is approaching the near-term breakout level ($0.3004), which could lead to increased bullish activity if broken.
Volume is increasing (SMA 9: 1.502M), indicating growing interest in this token.
---
Trading Strategy
For Buyers:
Look for confirmation above $0.3004 before entering a long position.
Target the next resistance at $0.3936 for a potential breakout rally.
---
Final Thoughts
Patience and proper risk management are key. Griffain is currently testing key levels, and how it reacts in the next few sessions will determine the next major move.
Stay tuned, and trade wisely!