🚨 GIGGLE – Are you ready to launch again? Analysis abn syria
📊 Current technical situation:
- Current price: 90.72 USDT
- Highest price in 24 hours: 93.93 USDT
- Lowest price: 87.57 USDT
- RSI at 32 → indicates approaching the oversold territory.
- MACD negative: -2.49 → the downward momentum is still dominant.
- Trading volume: 83.7 million USDT → liquidity is present but not strongly directed towards buying.
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🔥 What’s happening behind the scenes?
- After GIGGLE's listing on Binance, the coin experienced a massive surge reaching 290 USDT, followed by a sharp drop to 47 USDT.
- Now we are in the "digestion" phase where the price is moving horizontally and testing new support and resistance levels.
- There are news about a partial burn of the coin and reducing circulating supply, which could theoretically support the price.
- But burning alone is not enough… the market needs real momentum from buyers, not just marketing noise.
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📈 Will we see a new peak?
- The next resistance between 166–177 USDT will be crucial.
- If broken with strong momentum, we might see a new peak.
- However, if the price fails to break through, we will return to previous support levels, and we may witness a new liquidation.
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⚠️ Advice abn syria:
- Don't enter without a plan… monitor liquidity, and ensure there are real buyers.
- Don’t chase green candles… instead, watch who is making them.
- Smart entry is after breaking the resistance, not before it.
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✨ abn syria – "We do not wait for the peaks… we draw them before others see them"
