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Dolphin晴竹
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Bullish【$GIGGLE bottom volume: clearing of chips completed, the upward channel is opened 🚀】
Do not underestimate the explosive power of $GIGGLE after a deep squat. The daily structure clearly reveals the essence of the game: the most intense market movements often do not occur during a prolonged downward trend, but at the moment when it reignites after a thorough drop.
From a high of 69 to a low of 21.18, this deep correction has completely finished the chip turnover and emotional cleansing. When most people remove it from their watchlist, this extremely exhausted liquidity often indicates the reconstruction of the bottom. Currently, the price has returned to around 33.9, with an intraday increase of over 16%. The key is not the increase, but the MACD bottom golden cross and the stable increase at the middle track of the Bollinger Bands. This marks the trend has shifted from a downward trend to a warming of bullish consensus.
In trading logic, the most expensive cost is often the hesitation during "waiting for confirmation." When the market is still discussing whether a second pullback is needed, prices often squeeze outside funds through consecutive positive candlesticks. This initial stage of turning around from a deep pit is the most advantageous entry point for risk-reward ratio.
Currently, GIGGLE has completed the transition from left-side bottoming to right-side starting. If it can continue to hold above the support level of 30, the upward space will gradually open. 📈
Do not underestimate the explosive power of $GIGGLE after a deep squat. The daily structure clearly reveals the essence of the game: the most intense market movements often do not occur during a prolonged downward trend, but at the moment when it reignites after a thorough drop.
From a high of 69 to a low of 21.18, this deep correction has completely finished the chip turnover and emotional cleansing. When most people remove it from their watchlist, this extremely exhausted liquidity often indicates the reconstruction of the bottom. Currently, the price has returned to around 33.9, with an intraday increase of over 16%. The key is not the increase, but the MACD bottom golden cross and the stable increase at the middle track of the Bollinger Bands. This marks the trend has shifted from a downward trend to a warming of bullish consensus.
In trading logic, the most expensive cost is often the hesitation during "waiting for confirmation." When the market is still discussing whether a second pullback is needed, prices often squeeze outside funds through consecutive positive candlesticks. This initial stage of turning around from a deep pit is the most advantageous entry point for risk-reward ratio.
Currently, GIGGLE has completed the transition from left-side bottoming to right-side starting. If it can continue to hold above the support level of 30, the upward space will gradually open. 📈