⚔️ $GIGGLE / USDT — Short Trade Setup
📉 Current Price: $180.57
📊 24h Change: -24.5% — heavy downside momentum confirms bearish sentiment.
🧠 Trade Bias: Bearish — after a sharp dump, $GIGGLE may continue to bleed as liquidity thins and lower highs form.
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🔍 Technical Levels
Entry Zone: $182 – $186 (watch for rejection candles here)
Stop-Loss: $192 (above the last rejection wick)
Targets:
🎯 TP1: $170
🎯 TP2: $158
🎯 TP3: $144 (key demand zone)
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📈 Indicator Confluence
RSI near 38 — bearish continuation possible.
MACD flipped negative — momentum shift confirmed.
20 EMA curling down — short-term pressure intact.
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⚠️ Risk & Strategy
Use max 2–3% capital risk.
Move SL to breakeven after TP1.
Watch for volume drop near $158 — potential bounce zone.
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💬 Narrative:
“After a brutal -24% slide, $GIGGLE’s bearish momentum isn’t done yet. Short rallies into resistance — the next leg down could test $144 before any solid rebound.”