šØĀ $GIGGLE /USDT ā Short-Term Trade Setup (Strong Signal)Ā šØ
After a sharp bullish move,Ā GIGGLE/USDTĀ faced rejection nearĀ 78.40, which is also aligned with a descending trendline resistance. Price is now pulling back and trading aroundĀ 72.7, showing short-term weakness.
šĀ Technical Breakdown (1H Chart):
Price rejected fromĀ trendline resistance + recent high (78.40)
Multiple red candles indicateĀ selling pressure
Price is belowĀ MA(7)Ā and struggling nearĀ MA(25)
Volume is decreasing ā momentum cooling after pump
š“Ā Trade Idea: SHORT (Intraday / Scalping)
Entry Zone:Ā 73.0 ā 74.0
Stop Loss:Ā 76.2
Target 1:Ā 70.0
Target 2:Ā 68.5
Extended Target:Ā 66.8 (previous demand zone)
š¢Ā Bullish Invalidation:
If priceĀ breaks and closes above 76.5, short setup is invalid and trend may turn bullish again.
ā ļøĀ Risk Management:
Always use stop loss. Meme coins are volatile ā trade with proper position sizing.
šĀ Conclusion:
GIGGLE is in aĀ healthy pullback after a pump, but momentum currently favors aĀ short-term SHORTĀ until strong support is tested.
š¬Ā Whatās your bias on GIGGLE ā bounce or deeper correction?
#GIGGLE #GIGGLEUSDT T #CryptoTrading. #BinanceSquare #TechnicalAnalysis #ShortTrade

