🚨📈 GIGGLE/USDT: Bullish Continuation on Daily Timeframe! Ready to Soar? 🚀Hello #AltcoinRadarID Community!
After an in-depth multi-timeframe analysis, $GIGGLE /USDT shows strong bullish signals on the Daily Timeframe (1D)!
💡 Why is GIGGLE Potential? Strong Rebound from BBands Lower: The price has significantly rebounded from the Lower Band of the Bollinger Bands 1D, indicating absorption of selling and a trend reversal after a correction. This is a classic bullish signal! Bollinger Bands Expanding: BBands are beginning to widen, indicating increased volatility that supports the continuation of the upward trend.
RSI(14) Neutral: Unlike the short-term which is overbought, the RSI 1D is around 49, providing healthy room for the price to continue rising without immediate overbought pressure. MACD Bullish Momentum: The DIF line is above DEA and the positive histogram confirms strong buying momentum on the daily timeframe.
🎯 Trading Plan (Daily Swing Trade):
Entry Long: Ideally at 70.00 - 72.00 USDT. Wait for a retest of the strong support area or middle band BBands.
Take Profit 1 (TP1-TP2): 78.00 - 80.00 USDT. Target the Upper Band BBands or nearest resistance. Take partial profit.
Take Profit 2 (TP3-TP4): 85.00 - 90.00 USDT.
Potential extension if momentum continues and BBands keep widening. Stop Loss (SL): 67.50 - 68.00 USDT. Keep risk below the middle band BBands and important support.⚠️
Important:
This is not financial advice. Always do your own research (#DYOR🟢. ) and use strict risk management. The crypto market is very volatile! #TechnicalAnalysis #BinanceSquare #giggle

