$GIGGLE: Bear Market Trap Incoming 🐻📉

Entry: 64.0 – 66.0

TP1: 61.2

TP2: 58.0

SL: 68.2

Let's face it: the bounce was a mirage. $GIGGLE printed a massive top (150-160) and has been in freefall ever since. Lower highs, lower lows – textbook bearish action. The recent rally to 64.0-64.5? A failed attempt, immediately rejected by sellers.

Currently, price is stuck under resistance and forming a descending pattern. Any upside is a dead-cat bounce, ripe for shorting. No volume, no base, just trapped longs getting squeezed. 🧊

Keep a close eye on 66.0. Until $GIGGLE breaks and *holds* above that level with significant volume, the path of least resistance is down. Expect a move to 58.0 – 55.5.

#CryptoTrading #ShortSetup #BinanceSquare #BearMarket 🥶

GIGGLEUSDT

Perp

58.23

-10.00%