⚠️ SHORT SETUP ALERT: $GIGGLE USDT Perpetual – Catch the Next Leg Down! 🚨

$GIGGLE is bleeding hard right now — down -13.84% in the last 24 hours and trading at 64.25 USDT after dumping from the recent highs near 75+!

The chart screams bearish momentum:

Price smashed through the Bollinger Band middle (68.68) and hugging the lower band

Strong rejection from upper band resistance (~75)

RSI(14) at 40.76 (still room to fall), RSI(6) even weaker at 34.54 — oversold but no reversal signal yet

MACD bearish with negative DIF & DEA, histogram fading

Long/Short Ratio 1.07 — slight long bias but positions show heavy long accumulation getting liquidated

Overall trend: massive drop from 160+ levels — this is the continuation phase!

My forecast: Short bias remains strong — expect another impulsive move lower as momentum traders get shaken out.

Trade idea (GIGGLEUSDT Perpetual – SHORT):

Entry: around current 64.00 – 64.50

Take Profit 1: 58.00 (+~10%)

Take Profit 2: 52.00 (+~19%)

Stop Loss: 69.00 (above recent swing high & BB middle — invalidation if broken)

Risk smart, use low leverage (5-10x max), and watch for any sudden pump from meme hype — but structure favors bears now!

Ready to profit from the dip? Open your SHORT on Binance Futures NOW! Don't miss the ride 🔥

Follow & turn 🔔 on for more high-conviction setups! 💰

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