$GIGGLE cooling off after a strong run — now sitting at $170 (-8%) and testing key support zone!
💎 Buyers accumulating around $168–$172 area.
⚡ Volume still strong — possible reversal incoming.
Current Price: $170.93
24h Change: -8.19%
24h High / Low: $206.11 / $166.08
24h Volume: 410,652.95 GIGGLE
🧠 Why This Setup Works
$GIGGLE just faced a sharp -8% correction after touching a local high near $206 — a clear liquidity sweep above previous resistance. The retrace to the $166–$170 zone aligns with a strong demand zone + prior consolidation support, where buyers have historically stepped in.
📊 Volume remains high, suggesting active accumulation at the dip rather than distribution.
💡 Momentum indicators are cooling off, hinting at a potential reversal setup if price holds above $165.
This is a classic pullback entry in an overall bullish structure — catching value before the next leg up.
🎯 Trade Plan
Entry Zone: $168–$172
Stop-Loss: $158 (below demand zone)
Targets:
TP1: $190
TP2: $205 (retest of recent high)
TP3: $220 (breakout continuation)
Risk–Reward: ~1:3+
Position Type: Swing / Short-term hold
🕒 Plan: Wait for a stabilization candle or bullish engulfing pattern around $170 before confirming entry. Add position strength on breakout above $185 with volume.
⚠️ Risk Note
If price breaks below $158 with volume, setup invalidates — expect deeper correction toward $145.
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