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$GIGGLE 's $144 Breakout: Momentum or Manipulation?
The market is laser-focused on
$GIGGLE , which just smashed through the key $144 resistance level. This breakout is reportedly validated by surging Volume and Open Interest (OI), suggesting the token is "stealing memecoin flow." The central question is whether this expansion is sustainable.
The Bull Case relies on holding $144 as new support. Rising OI signals deep conviction from professional traders, providing the fuel needed to target the next resistance at $155. The technical structure looks strong if the price maintains this flip.
The Bear Case warns against the memecoin trap: a swift "fakeout." If
$GIGGLE quickly drops back below $144, the move would liquidate late buyers, turning the momentum into a cascading sell-off driven by quick profit-taking.
Is the OI surge enough to launch
$GIGGLE past $155, or is this the peak before a sharp reversal?
Cast your vote in the poll below! 👇
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