$GIGGLE /USDT LONG TRADE SETUP (Bounce Play) 📈
$GIGGLE is trading at $49.98, attempting to form a bottom after a massive, high-volume sell-off that bottomed near the 24h Low of $47.48. We see an entry of buyers at this critical support level, signaling a potential short-term bounce or reversal.
Entry: Buy the current bounce, targeting a retest of the recent support-turned-resistance levels.
Target Points (Take Profit)
TP1: $52.50 (Near the high of the recent small consolidation range)
TP2: $54.20 (Testing the previous major support zone)
TP3: $57.00 (Retesting the midpoint of the entire bearish move)
Stop Loss (Risk Management)
Set stop loss below $47.40 to limit downside risk. Closing below the 24h Low of $47.48 would invalidate the bullish bounce scenario.
Buy and Trade here on $GIGGLE
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