GIGGLE MELTDOWN – BEARS TAKE FULL CONTROL!

$GIGGLE crashed to 125.30, plunging -23.76% in a brutal 24h sell-off.

The token recorded a high of 173.80 and a low of 123.50, with 2.74M GIGGLE traded, showing massive liquidation and fear-driven exits.

Reason:

Momentum collapsed after repeated rejections near 135.80, followed by heavy profit-taking and a breakdown below moving averages (MA7, MA25, MA99). Sellers are dominating the short-term trend.

Key Levels:

Support: 123.50 – 122.80

Resistance: 130.60 – 135.80

Trend: Strong Bearish

Trade Idea:

If price closes below 123.50, expect further downside toward 118.00 – 115.00.

If it manages to reclaim 130.60, a quick rebound toward 135.80 could form a relief rally.

⚠️ Possible Trade: SELL below 123.50, stop above 130.60 for a continuation drop.