Is this sideways phase a signal for the next storm?
In the crypto market, the most explosive moves often come from those coins that are trading at the bottom in complete silence.
The 4-hour (4H) chart of GIGGLE/USDT represents exactly this scenario.
After falling from the top at 160, GIGGLE is now moving in a dead-silent zone around 67.62 — where most people lose interest, but smart traders start to watch.
📉 Historical Crash: The story starts here
In December, GIGGLE showed a sharp upside spike, where the price reached up to 160.00.
What happened after that is classic crypto reality:
Massive Dump: The price has dropped nearly 60% from its top.
Current Price: $67.62
24H Change: +0.46% (small but positive signal)
📌 Insight: A big crash often flushes out weak hands — and accumulation begins from there.
📊 Chart Structure: Accumulation or Just Break?
When an asset gets stuck in a sideways range after a long crash, it is referred to as an Accumulation Phase in technical language.
🟢 Support Zone (Buyers' Area)
Strong Support: $64.65 (24H Low)
As long as the price is above this level, buyers have hope alive.
🔴 Resistance Zone (Sell Pressure)
First Major Resistance: $80.00
If GIGGLE closes above this levelwith a strong candlethen:
🎯 Next targets: $100 → $120
📌 If a breakout occurs from here, recovery could be fast.
📦 Volume and Momentum: What Does Silence Mean?
Volume bars are telling a very important story:
In the last few sessions, volume has decreased significantly.
This means:
Sellers are exhausted.
Selling pressure is drying up.
Often seen in crypto:
👉 A sudden spike occurs only when volume completely runs out.
📌 Low volume ≠ weak coin; sometimes it is the calm before the storm.
⚖️ Risk vs Reward: Opportunity or Trap?
GIGGLE is currently trading in a discount zone — but remember,
bottom fishing in crypto is a high-risk game.
✅ Positive Scenario
If a bounce occurs from here
the reward could be very good because recovery moves are often fast and aggressive.
❌ Negative Scenario
If the price breaks below $64.00
the risk of downside continuation increases.
🎯 Trading Strategy: Smart Trader's Plan
If you are a disciplined trader, follow this approach:
Stop Loss: $63.00 (strict risk control)
Safer Entry: Wait for a 4H candle close above $75.00
Targets:
🎯 Short-term: $85.00
🎯 Mid / Long-term: $110.00+
📌 Let the market prove itself — first confirmation, then entry.
🧾 Final Conclusion: Attempting Life from the Dead Zone
GIGGLE/USDT is currently in a dead zone, but on the chart
a double bottom-like structure is slowly forming.
This coin is not currently in hype.
But it is definitely watchlist material.
Remember:
👉 In crypto, 'Trend is your Friend'
and currently, the trend is trying to turn from down to up.
