Cooling Phase After Distribution

After topping near the 90–91 zone, $GIGGLE has been in a clear corrective structure with lower highs and steady selling pressure. Price is now hovering around the 73–74 area, which acted as a short-term balance zone earlier, but momentum still looks weak on the lower timeframes.

For now, this move looks more like stabilization after a sharp dump rather than a confirmed reversal. Bulls need to reclaim and hold above the 78–80 region to shift structure back in their favor. Until then, caution is warranted as downside liquidity near the previous 71 lows remains exposed.

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GIGGLEBSC
GIGGLE
72.69
-5.62%