$GRIFFAIN Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the price



$GRIFFAIN The 1H timeframe is currently in the stage of pullback confirmation after a breakout, with the price consolidating strongly above EMA20(0.0091). A large bullish candle on the 4H chart confirms a reversal, and the current volume contraction pullback presents an excellent sniper opportunity. The order book depth shows far more buy orders than sell orders (depth imbalance -2.23%), and open interest remains stable, indicating that main capital has not exited the market and that there is a strong intention to support the price.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0095 - 0.0096 (Reason: 1H EMA20 support zone and pullback area after breakout)

🛑Stop loss: 0.0092 (Reason: Break below the previous low of the 1H K-line structure and EMA50 support)

🚀Target 1: 0.0101 (Reason: 4H previous high resistance level)

🚀Target 2: 0.0108 (Reason: 4H large bullish candle 0.618 Fibonacci extension level)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin volatility is extremely high, risk control is necessary)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price 0.0096. Hold the remaining position to aim for Target 2; if the price retraces to breakeven, exit all.

Depth logic: Over the past 4 hours, after a massive surge, the price has not fallen sharply but instead moved sideways at high levels, indicating strength. The 1H RSI(62.77) is in a healthy bullish zone, and buy order depth below 0.0095 is stacked heavily (over 10 million USDT), forming a strong support cushion. The funding rate of 0.0088% is positive but not high, indicating no overheating risk. Combining market logic suggests “price rising, main force entering or bears stepping on the brakes,” and the current pattern leans more towards main force accumulation and support, preparing for the next wave of rally.

View real-time market 👇 $GRIFFAIN

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
BTC-2,17%
ETH-3,42%
SOL-4,37%
View Original
post-image
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)