🔻 $GIGGLE /USDT – Short Setup (Correction Trade)
Market Outlook:
After failing to sustain above 112.21, GIGGLE is now showing a short-term bearish reversal. Price has made a lower high and is currently drifting down toward the 105–106 zone. The momentum is weakening, indicating a possible continuation of the correction before any new bullish push.
🔹 Entry Zone:
107.5 – 108.5
🎯 Targets:
TP1: 105.0 (minor support area)
TP2: 102.5 (next structural support)
TP3: 99.5 (24-hour low retest zone)
🛑 Stop Loss (SL):
110.5 (above recent lower-high resistance)
📊 Key Level to Watch:
107.0 — breaking and holding below this confirms bearish continuation. A reclaim above 110.5 would invalidate this setup.
⚠️ Risk Management Tip:
Book partial profits at TP1 and move SL to breakeven.
Watch for bounce signals around 100–101; that could mark the next reversal point.
Avoid over-leveraging since volatility spikes quickly in this range.$GIGGLE