$GIGGLE /USDT is currently trading around $78.50, showing signs of consolidation after a strong recovery from its recent low near $47. The market structure is forming a sideways accumulation between $75 and $85, suggesting traders are waiting for the next breakout direction.
๐ข Bullish Outlook
If buyers hold the price above $75 and manage a clean breakout above $85, momentum could strengthen quickly.
Targets on the upside remain:
๐ $85 โ $95 โ $105 โ $120 โ $125
A strong hourly close above $85 with rising volume would confirm continuation toward the $95โ$105 zone. RSI and MACD both support mild bullish recovery as long as the structure stays intact.
๐ด Bearish Outlook
If the price breaks below $72, it would indicate a shift in momentum and signal a deeper retracement.
Downside targets are:
๐ $72 โ $65 โ $60 โ $50 โ $47
A drop under $72 with volume confirmation would likely lead to a retest of the $60 region, where the next strong support lies. Weak RSI and a bearish crossover on MACD would confirm short-term selling pressure.
Summary
Range Zone: $75 โ $85 (neutral phase)
Breakout above $85: Bullish continuation toward $95โ$105
Breakdown below $72: Bearish correction toward $60โ$47
Bias: Neutral โ turning bullish if $85 breaks, bearish if $72 fails
