$GIGGLE 💀: Distribution in Progress – Prepare for the Next Leg Down

Entry: On pullback toward 80 – 90

🎯 TP1: 65

🎯 TP2: 55

🎯 TP3: 45

Stop Loss: Above 100

$GIGGLE is screaming “sell the bounces.” Price action is textbook bearish – a clear downtrend of lower highs and lower lows. That recent pump? Pure distribution, not accumulation. 📉 Each attempt to recover is weaker, and sellers are firmly in control.

Currently, price is testing weak support near the range low. Expect strong resistance between 80 – 95 USDT – that old support is now a wall. Breaks below 65-68 USDT open the door to 55-58 USDT, with a major liquidity zone waiting at 45-48 USDT.

Daily close above 100-110 would invalidate this setup. Remember, meme coins are incredibly volatile – manage your risk! ⚠️

#crypto #trading #bearish #GIGGLE 🐻

GIGGLEUSDT

Perp

69.2

-2.16%