📊 Technical Analysis – GIGGLE/USDT (1H Chart)
The GIGGLE/USDT pair records a significant increase of +7.88%, priced at $174.77, with a high of $178.00 and a low of $150.38 in the last 24 hours. The asset showed a robust volume of 589.6 thousand GIGGLE traded, indicating strong buyer interest in the market.
The movement of the last hours shows solid bullish momentum, with the price consistently surpassing moving averages and confirming the trend reversal. The averages are positively aligned:
• MA7: $167.07
• MA25: $161.23
• MA99: $158.32
This alignment reinforces the bullish sentiment, and the current candle suggests continuity of buyer strength, even though it is in a slightly overbought zone. Immediate support is at $165.00, while the main resistance is at $178.00, where there was momentary rejection.
The increasing volume accompanies the movement, strengthening the break of the previous consolidation and opening space for new attempts to break above $180.00.
📈 Summary:
GIGGLE shows strong recovery and influx of buyer flow, with a positive short-term trend. If it remains above $170.00, there is potential to extend the rally to $185.00. However, if there is a correction, the support at $160.00–$165.00 will be crucial to sustain the movement. The technical scenario is bullish, with favorable momentum and high confidence from buyers.
