🚀 $GIGGLE / USDT – SHORT TRADE SIGNAL 🔻
🔥 Market Overview:
$GIGGLE is showing early signs of exhaustion after an initial pump and sideways consolidation near $224. The recent failure to break higher resistance indicates that sellers are gaining control, and a corrective move toward the lower support region appears likely.
Volume has flattened, and short-term momentum is fading — signaling a potential reversal setup for short traders.
🔑 Trade Setup:
📉 Entry Zone: $225 – $235
🎯 TP1: $180
🎯 TP2: $138.52
🛑 Stop Loss: $286
💡 Market Outlook:
Trend: Weak / Bearish bias building
Resistance Zone: $260 – $286
Support Zone: $180 – $140
Momentum: Fading upward strength, potential lower low formation
Bias: SHORT below $235
⚡ Strategy & Risk Management:
Leverage: 3–5x (Moderate risk)
Risk/Reward Ratio: ≈ 3:1
Wait for rejection at $230–$235 before entry
Take partial profit at TP1 ($180)
Move SL to breakeven and let remainder ride to TP2 ($138.5)
✅ Summary:
Setup Type: Resistance Rejection / Trend Continuation
Bias: SHORT
Targets: $180 → $138.5
Stop Loss: $286
Market Sentiment: Bearish correction expected