#GIG #GIVEAWAY🎁 #giggle
$GIGGLE /USDT – 12H Chart: Still Heavy, Still Bearish
On the 12-hour timeframe, $GIGGLE is firmly stuck in a downtrend. Lower highs, lower lows, no mystery here — sellers are still running the show. Every bounce keeps getting rejected by the descending trendline, and that trendline hasn’t been broken once.
Right now, price is sitting right above a major historical support zone, which makes this area a real decision point. Something has to give soon.
What the chart is saying
👉 Trend: Bearish and intact
👉 Structure: Classic bearish continuation
👉 Behavior: Weak demand, no real bullish impulse
👉 Previous consolidation failed → breakdown confirmed continuation
Key levels to watch
Resistance (supply):
👉 58.3
👉 64.2
👉 71.3
👉 79.2
Support (decision zone):
👉 45.8 – 45.2 (last meaningful demand)
Bullish case (counter-trend ⚠️)
This only becomes interesting with proof, not hope:
👉 Strong bounce from 45.8–45.2
👉 Clear break and close above the descending trendline
👉 Followed by a higher high above 58.3
Without those, any bounce is just a bearish pullback, not a reversal.
Bearish case (primary scenario)
Still the higher-probability path:
👉 Lose 45.8–45.2 with acceptance
👉 Clean breakdown below current lows
If that happens, downside can accelerate quickly since support below is thin.
Bottom line
$GIGGLE is still in distribution, not accumulation.
👉 Hold support → possible technical bounce
👉 Lose support → continuation lower
No need to front-run anything here. Let price confirm before picking a side.