$GIGGLE /USDC BEARISH SETUP – TECHNICAL ANALYSIS
The $GIGGLE/USDC pair is showing bearish signs as price struggles near resistance and fails to maintain upward momentum. SUPERTREND and moving averages indicate selling pressure, with lower highs forming on multiple timeframes. Short-term outlook favors further downside.
Trade Setup:
Entry (Short): 52.19 – 52.74
Target 1 (TP1): 50.33
Target 2 (TP2): 48.48
Stop Loss (SL): 55.04
Risk Management: Limit risk to 2–3% of total trading capital per position. Watch for sudden bullish spikes on high volume.
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GIGGLE
35.49
-2.09%