🚀 $GRIFFAIN is showing a potential technical setup!

The weekly chart exhibits a multi-month accumulation and base formation following a strong corrective phase, with price rebounding from the 0.008000 zone towards a higher target objective.

📈 The Technical Setup:
• The Pattern: Harmonic Pattern / Double Bottom Reversal
• Short-term Target: 0.024000
• Macro Objective: 0.032000
• Market Structure: Reversal

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.008000 - 0.010000
• Resistance: 0.022000 - 0.024000
• Breakout Level: 0.016000
• Stop Loss / Invalidation: 0.008000

📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Increasing green candles forming a steady upward trajectory from the June base
• Trend: Higher lows establishing a macro bullish reversal structure

⚠️ Invalidation:
A weekly close below the 0.008000 support level would invalidate the reversal setup.

Patience is key while monitoring price action near current resistance zones for continuation.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

#Griffain #crypto #BinanceSquare #tradingview #TechnicalAnalysis