$GIGGLE
GIGGLEUSDT
Perp
65.41
-3.85%
📌 Priority bet: SHORT retracement – the main trend remains weak
🎯 Current price range: 66.8 – 67.0
👉 SHORT scenario (priority)
• Entry: 67.5 – 68.5
• TP1: 64.8
• TP2: 62.5
• TP3: 56.8 (previous low 4H)
• SL: 70.2
⸻
🔍 Reasons for entering the bet (one reason per indicator as required)
• EMA50 / EMA100 (4H):
Price is below EMA50 & EMA100, EMA is sloping down → the downtrend has not been broken.
• RSI (4H & 1H):
RSI around 47–50 → technical retracement, not yet in the overbought zone, still room for further sell-off.
• MACD:
4H histogram weak, 1H MACD below 0 → upward momentum is not sustainable, easily pushed down when encountering EMA.
• Volume:
Volume retracement is not exceptional, pump lacks capital → retracement to short.
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