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【$GRIFFAIN Signal】Pullback to buy, main force clearly intends to support
$GRIFFAIN 1H high-level sideways trading, RSI soaring to 83.9, buying momentum severely overextended. The upper band of the 4-hour Bollinger Bands at 0.0115 shows obvious resistance, and the 1-hour MACD histogram turning negative indicates short-term correction pressure is building.
🎯Direction: Pullback to go long
⚡Entry/Order: 0.01067 - 0.01094 zone for placement
🛑Stop loss: Below 0.0105
🚀Target 1: 0.01272
🚀Target 2: 0.01361
🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot stabilize in the entry zone, exit immediately.
Order depth shows heavy buy orders below 0.01128, fully exposing the support intent. Position volume remains stable, and the high-level consolidation has not triggered large-scale exits, indicating clear support from the main force. The 1-hour pullback to around 0.0109 coincides with a dense short-term moving average zone and the suggested entry zone, with a risk-reward ratio over 4 times, making it worth setting an ambush. This line drawing looks too fake, more like a shakeout of floating positions.
Check real-time market 👇 $GRIFFAIN
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