GiggleFund narxiGiggle

To determine whether to take a long or short trade with GIGGLE/USDT, let's analyze the key elements from the chart. 1. **Current Price**: The price is at 117.99, which is near the recent low of 117.80. This could suggest potential support if the price holds above this level. 2. **Trend Analysis**: The recent downward movement indicates a bearish trend, especially as the price is below the 5-day and 10-day moving averages. This suggests continued selling pressure. 3. **Resistance Levels**: The next significant resistance is around 121.57, where the price previously struggled to break above. 4. **Volume**: The current volume remains moderate. Increased volume during a downtrend could confirm bearish momentum. 5. **Key Indicators**: The SAR indicator is currently at 119.99, which is above the current price, indicating that the trend is still downward. **Conclusion**: - If you are considering a **long trade**, it might be prudent to wait for a clear sign of a reversal, such as the price breaking above the SAR indicator and the 5-day moving average with increased volume. - A **short trade** could be more favorable if the price breaks below the recent low of 117.80, confirming continued downside potential. Overall, a short trade looks more advantageous at this moment due to the prevailing bearish trend and recent price behavior.

$GIGGLE is heating up again strong bounce off support, clean green push buyers stepping back in.... Looks like it wants another breakout move.... I’m watching this closely.... Entry: 112 – 120 TP1: 130 TP2: 140 TP3: 146 SL: 90

Guys, I’ve been watching $GIGGLE very closely for the past two days, and the structure is still respecting the bearish channel perfectly. Every retest on the upper trendline is getting rejected, which confirms that sellers are still controlling this move. That’s why I opened a short position and I’ll be holding it for at least a week as long as the structure remains intact. This kind of controlled downtrend usually gives a clean breakdown toward the lower channel levels, so let’s stay patient and let the chart play out. If momentum continues the same way, this trade can deliver a solid risk-to-reward move for us. Trade Setup Entry: 109.04 Target 1: 90 Target 2: 65 Target 3: 47 Stop Loss: 122

$GIGGLE just tapped the demand zone perfectly and reacted with a clean bullish wick — showing buyers are still defending this level with strength. After pulling back from the highs, this zone is acting as a strong base again. Trade Setup (Long) Entry: 108.40 – 109.70 Target: 117.50 Stop-Loss: 104.13 If price continues holding above this support, a push back toward the previous resistance looks highly possible. The structure is still bullish as long as this zone stays protected. #GIGGLE