$GIGGLE Bullish Breakout Setup !
A long liquidation ($5.10K at $62.20) has flushed excess leverage, often acting as a reset before the next upside leg. Price is holding above demand and tightening below resistance — a classic breakout structure.
Key Levels
Support: $60.8 – $61.5
Breakout Zone: $63.5 – $64.5
Resistance: $68.0 / $72.5
Trade Setup (Long)
Entry: Break & hold above $64.5 or pullback toward $61.5–$62.0
Targets: $68.0 → $72.5 → $78.0
Stop Loss: Below $59.8
Market Sentiment Liquidity reset completed, downside pressure fading. A confirmed breakout could trigger momentum-driven continuation as buyers regain control.
Wait for confirmation. Trade with proper risk management.
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GIGGLE
31.21
-1.20%