๐Ÿš€ $GIGGLE : Relief Bounce or Reversal?

$GIGGLE has shown a small bounce of +5.67% after hitting a local bottom at $32.83. The current price is sitting at $37.43.

๐Ÿ” Quick Analysis:

Support: $32.83 (Strong Base)

Immediate Resistance: $38.69 (MA 7)

Trend: The price is in a heavy downtrend but is attempting a relief rally because it is currently oversold.

๐ŸŽฏ Trading Targets:

Target 1: $38.70

Target 2: $50.90

Target 3: $83.60

Stop Loss: $31.50

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GIGGLEBSC
GIGGLEUSDT
30.39
-19.49%

Note: The trend remains bearish until the price breaks above the MA(25) at $50.90. Short-term scalping is possible here.

Bullish or Bearish? Drop your thoughts below! ๐Ÿ‘‡

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