🐻➡️🐂 $GIGGLE — Oversold but Eyes on a Bounce ⚡
$GIGGLEUSDT Perp
65.09 ▼ -10.52%
Straight-up bearish right now — no sugarcoating it. But there are hints that selling pressure might be easing… and that’s where the opportunity lies.
📊 The Breakdown:
• Volume spike at 64.11 low: 121k — confirms heavy selling
• Current volume tapering: Bears may be tiring
• Funds outflow (24h/spot/1h): -11.3M USDT / -1.32M / -373k — aligns with the downtrend
• Short-term intensity: easing slightly compared to massive outflows
🟢 Entry Zones (Longs):
1️⃣ Support Bounce: 64.11 – 64.87 (tight risk management!)
2️⃣ Breakout Confirmation: Above 65.91 near MA5 with volume
🛑 Stop-Loss: ~3% below entry → 62.92
🎯 Targets:
• TP1: 68.76 (first resistance)
• TP2: 72.73 (next resistance if reversal confirms)
💡 Key Takeaway:
$GIGGLE is oversold, making a bounce likely — but remember: the overall trend is still down until we break resistance decisively.
👀 Are you buying the dip or waiting for a cleaner signal?
#GIGGLE #GIGGLEUSDT #CryptoTrading #BuyTheDip #Oversold #SmartMoney #TradingPlan