$GIGGLE /USDT SHORT TRADE SETUP 📉
$GIGGLE is currently trading around 187.33, showing significant selling pressure after a strong rejection from the recent high near 199.36. The chart indicates a clear bearish divergence as the price failed to sustain momentum after the large green candle. With a -22.04% drop in 24 hours and a failure to break the 190.00 minor resistance on the bounce, we anticipate a drop back toward the daily low.
Target Points (T.P.)
TP1: 183.00 (Minor support re-test)
TP2: 178.50 (Approach 24h Low)
TP3: 176.50 (Test 24h Low and potential break)
Stop Loss (S.L.)
Set a strict stop loss above 192.80 to limit risk if the price attempts to reclaim the local high.
Sell and Trade here on $GIGGLE
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