📉 $GIGGLE – Aggressive Dead-Cat Bounce Short Setup

That 83 → 92 vertical rebound after a deep dump is classic liquidity-grab behavior, not organic strength.

The wick + instant slowdown shows:

Buyers FOMO-market bought the top of the bounce

Momentum instantly died

Sellers stepped right back in

Structure still heavily bearish

These impulsive recovery candles into resistance are statistically high-probability short setups when the higher-timeframe trend is down.

🔥 Optimized Short Plan (Technical-Focused)

Sell/Short Entry Zone

91.80 – 93.20

This is the perfect zone where:

The bounce loses steam

Wick and exhaustion candles signal distribution

Smart money re-enters short positions

Targets

TP1: 88.20

First liquidity backfill

TP2: 85.50

Revisit of the mid-range support

(Optional) TP3: 82.80 if momentum accelerates

Retest of the original dump base

Stop-Loss (SL)

97.40

Above the liquidity sweep zone — if price reaches here, the bounce becomes a trend-reversal attempt.

Leverage

x10–x25

Only if stop-loss is strict. Otherwise reduce exposure.

Margin Allocation

2–5% max

Good balance for aggressive setups yet controlled risk.

🧠 Why This Short Setup Works

Price is still in a macro downtrend

Bounce is pure liquidity grab

Volatility favors sellers

Buyers are trapped between 90–92

Volume profile shows no real demand above 93

Market structure hasn’t flipped bullish

This is exactly where disciplined traders short pops instead of chasing them.