$GIGGLE /USDT BEARISH DOWNTREND CONTINUATION
$GIGGLE remains in a clear downward structure on the 1H timeframe, forming consistent lower highs and failing to generate any strong bullish reversal signals. Recent attempts to push upward were quickly rejected, showing sellers are still dominating the market. With price sitting weakly above recent lows, the chart indicates potential continuation to the downside if support is broken.
Momentum remains bearish, and liquidity beneath the current range is likely to attract further selling pressure.
SHORT ENTRY SETUP
• Entry: Below the breakdown zone
• Targets (TP):
• TP1: Immediate support sweep
• TP2: Mid-range bearish continuation zone
• TP3: Deep liquidity target
• Stop-Loss (SL): Above the nearest lower-high rejection area
RISK MANAGEMENT
Keep risk limited to 1–2%, use controlled leverage, and move SL to breakeven once TP1 is achieved to secure capital.
#TechnicalAnalysis #GIGGLE #PriceAction #Downtrend #CryptoTrading
