$GIGGLE /USDT BEARISH REVERSAL FORMATION – SHORT ENTRY SETUP
After a sharp +52% rally and rejection from the 125.00 resistance zone, $GIGGLE /USDT is showing early signs of exhaustion. The strong upper wicks and declining momentum on the 4H timeframe indicate a potential correction phase ahead. Volume spikes without sustained follow-through confirm weakening buyer strength.
ENTRY: Short position on breakdown below 90.00 support confirmation.
TARGETS (TP): TP1: 72.00 TP2: 58.50 TP3: 46.00
STOP LOSS (SL): Above 110.00 resistance zone.
A daily close below the short-term support structure would validate the bearish setup and favor continuation to lower levels.
RISK MANAGEMENT:
Keep risk limited to 1–2% per position. Adjust stop loss as trade progresses and secure profits at each target to protect capital.
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