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$GIGGLE /USDT: Is the bottom finally in?
The chart for
$GIGGLE is showing some serious downward pressure lately, with a -27% drop over the last 7 days and over -56% in the last 3 months.
Key Observations:
Current Price: 37.42 USDT
Support Level: We just touched a 24h low of 32.97, which seems to be acting as a temporary floor.
Trend: The price is currently trading well below the MA(7), MA(25), and MA(99), signaling a strong bearish trend.
Recovery? We are seeing a small green candle today (+3.63%). Is this just a "dead cat bounce," or are the bulls finally stepping in to defend this level?
My Take: Wait for a confirmed breakout above the MA(7) (around 44.04) before considering an entry. Trade safe and always use a stop-loss! 🛡️
What do you think? HODL or Fold? 👇
#giggle #cryptotrading #BinanceSquare #altcoins #TechnicalAnalysis