#CryptoTrading. #TechnicalAnalysiss #Signal🚥.

📊Technical Analysis (1 hour) $GIGGLE /USDT

Price: ~236.09 USDT (+153.56% growth in 24 hours). Trading volume: 104k (high, with peaks). Volatility is high — the asset is newly listed on Binance, with ATH ~169 USDT (October 8) and a recent rebound from ~7 USDT (September 25). Overall trend: strong bullish on the short-term timeframe (1h-4h), but the weekly signal is “Strong sell” according to analysts (correction after hype is possible).

Key indicators (from the chart):

• Bollinger Bands (20.2): Upper band 331.46, middle 207.95, lower 84.44. Price near the middle — neutral, but the widening of the bands signals volatility. Potential for a breakout upwards to 330+.

• MACD: 29.20 (DEA 31.43, histogram -2.24). MACD line below DEA — weak bearish crossover, but positive values ​​indicate preservation of momentum.

• RSI (14): ~30.7 (oversold). Low value — signal for rebound, risk of overbought with further growth.

• Volumes: Growing (MA5 369k, MA10 397k), supporting bullish movement, but OI (307k, NV 70.6M) — speculative interest.

Overall trend: Bullish in the short term (rebound from the bottom, high volumes), but risk of correction due to oversold and weekly “sell”. Support: 198-230 USDT. Resistance: 290-330 USDT.

Signals

🟢Buy: Strong — when fixing >240 USDT (breakthrough of the middle of BB). Take profit: 290/330 USDT. Stop loss: 198 USDT. (Justification: RSI oversold + volumes are growing.)

🔴Sell: Weak/neutral — when falling <230 USDT (test of the lower BB). Take profit: 198/84 USDT. Stop loss: 250 USDT. (Justification: MACD crossover + weekly sell.)

‼️Note: Crypto is volatile, use risk management.