GRIFFAIN has been getting interesting lately. There's a pullback in the 15-minute chart, but the 1-hour and 4-hour RSI are both resonating in overbought territory—especially the 4-hour RSI at 79.2, which is already quite extreme. Even more concerning is the 97.9% decrease in trading volume, indicating a divergence risk that should be taken seriously.

From a technical perspective: the 15-minute RSI at 61 is still neutral to slightly weak, the 1-hour RSI at 71.6, and although the MACD histogram is still positive, it’s clearly shrinking, showing energy is waning. The 4-hour chart is even more fragile, with an RSI at 79.2 indicating the structure is very vulnerable.

Key levels to watch are: currently around the psychological level of 0.02, with resistance at 0.0205 and 0.0212, and support at 0.0196 and 0.0188.

How to trade? If the price breaks above 0.0205, consider a small long position targeting 0.0212, with a stop-loss at 0.0200. Conversely, if it falls below 0.0196, consider switching to a short position with a target of 0.0188 and a stop-loss at 0.0201. But within the range of 0.0196 to 0.0205? My advice is to sit tight and do nothing.

Currently, I am in a wait-and-see mode. The reason is simple: the 4-hour RSI is too overbought, and trading volume is so dry that the risk-reward ratio for chasing is not worth it. Instead of rushing in, it’s better to wait. Either wait for a strong break above 0.0205 to enter cautiously, or look for signals that the price stabilizes around 0.0188.