【$GRIFFAIN Signal】Short squeeze buildup, dip to go long

$GRIFFAIN 1H timeframe high-level sideways trading, buying depth is nearly twice the selling depth, capital support intention fully exposed. 4H MACD histogram continues to expand, open interest stable at a high of 187 million, combined with positive funding rate, a typical short squeeze fuel accumulation structure. The order book is rapidly canceling orders, liquidity trap is forming.

🎯Direction: Long

⚡Entry/Order: 0.016199 - 0.016616

🛑Stop loss: 0.015600

🚀Target 1: 0.020682

🚀Target 2: 0.022715

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

The current price has moved far away from the 1H EMA20, chasing higher directly offers poor risk-reward. Patience is needed until the price dips back to the 0.0162-0.0166 range, which is the support zone where the previous high on the 4-hour chart transitions and the 1H moving averages cluster. The 1H RSI has fallen from above 70 to around 63, providing a healthy retracement space. The high open interest sideways indicates that bulls have not exited but are waiting for the next push. In this structure, a dip is an opportunity.

Check real-time market 👇 $GRIFFAIN
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