๐จ Important alert for everyone involved in GIGGLE/USDT$GIGGLE
Guys, focus wellโฆ
The currency has reached saturation areas and limited upward movement, with the current price around 90.50 after several failed attempts to break the resistance at 96.70.
๐ Technical analysis suggests that a decline is more likely than an increase
Especially with weak volume and declining momentum.
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๐ฅ My advice now: Short selling opportunity from strong areas
๐ Suggested entry zone for selling:
From 91.80 to 93.50
๐ฏ Targets:
First target: 88.50
Second target: 86.30
Third target (strong): 83.90
๐ Stop loss:
Closing 4 hours above 96.80
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โ ๏ธ Why is selling better now?
โ๏ธ Strong price resistance at 96.7
โ๏ธ Decline in momentum indicator
โ๏ธ Weak demand and clear outflow of liquidity
โ๏ธ Price is moving within a short-term downward channel
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๐ฌ Final advice:
Donโt be greedyโฆ
Enter with an appropriate size relative to your capital, and those who profit should close part of the first target and secure the trade.