$GRIFFAIN Signal】Bullish secondary push, pullbacks are opportunities


$GRIFFAIN The 1-hour chart price has broken above the upper Bollinger Band, RSI has soared to 83, and the risk of a buy-side gap is accumulating. However, the 4-hour MACD remains in a golden cross state, open interest is stable, and funds have not been withdrawn on a large scale. After this rally, a healthy pullback is needed to digest the overbought pressure.

🎯Direction: Pullback to go long

⚡Entry/Order: Buy in batches within the 0.01086 - 0.01114 range

🛑Stop loss: Below 0.01070

🚀Target 1: 0.01292

🚀Target 2: 0.01381

🛡️Trading management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Order book data shows buy-side depth far exceeds sell-side, with an imbalance ratio over 30%, indicating a clear intention of capital support. Although the 1-hour chart is at a high level, the 4-hour structure remains in an upward channel near the upper band, and the trend is still intact. The current risk-reward ratio is close to 4:1, making it worthwhile to attempt trend continuation with a small stop loss. Patience at the entry point is key; chasing high can easily lead to being squeezed out.

View real-time market 👇 $GRIFFAIN
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate正式接入Polymarket #贵金属领涨 #加密市场回涨
BTC-2,96%
ETH-4,65%
SOL-5,25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin