📉 $GIGGLE – Exhausted Bounce, Sellers Still In Control
Price just rejected from lower-timeframe moving averages, showing weak momentum against the broader downtrend.
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🔹 Trading Plan (SHORT)
• Entry: 92.5 – 95
• TP1: 88.000, TP2: 82.000
• SL: 103.500
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Technical View:
Price remains below the MA25 and MA99, keeping the structure strongly bearish. RSI sits mid-range but lacks upward expansion, indicating limited strength on bounces. MACD histogram is fading, showing momentum loss, while volume remains weak on green candles. Until price reclaims the mid-range resistance area with strength, short setups offer higher probability.
