🔍 What Just Happened
Massive Pump: Price exploded from around $47 → $313 in a very short time.
Sharp Rejection: Immediately after the top, price dumped hard and is now trading near $63.6.
This is a classic meme-coin pump & dump structure.
📉 Technical Structure
Trend: Strongly bearish after blow-off top
Candles: Long upper wicks = heavy selling pressure at highs
Volume: Huge spike on pump, declining volume on the drop → indicates distribution completed
Moving Averages: Not yet formed → asset is very new and highly speculative
🧱 Key Levels to Watch
🔻 Support Zones
$60 – $55 → Current weak support
$47 – $50 → Major support (launch base)
If this breaks → new lows likely
🔺 Resistance Zones
$75 – $80 → First rejection zone
$95 – $110 → Strong sell wall
$150+ → Very unlikely without new hype
🔮 Next Price Prediction (Scenarios)
🔴 Most Likely Scenario (High Probability)
Sideways → slow bleed
Price may range between $50 – $75
Possible retest of $47 support
🟢 Bullish Scenario (Low Probability)
Only if fresh hype + big volume enters
Break & hold above $80
Target: $100–120 (still far below ATH)
⚠️ Bearish Scenario
Loss of $47
Price can dump toward $30–35 due to lack of structure
🧠 Summary (Important)
This was a news/hype-driven pump, not organic growth
Risk is EXTREMELY HIGH
Not suitable for long-term holding at current structure
Only for quick scalps, not swings
📌 Rule: If you didn’t buy near the bottom, chasing now is risky.
$GIGGLE $ETH $BNB #strong #prediction #CPIWatch #USJobsData