$GIGGLE — BEARISH CONTINUATION 🔴📉
The price is -7% and continues to fall, with no signs of a solid rebound.
🔍 $GIGGLE Market structure:
– Clearly bearish trend in short time frames.
– The price remains below key EMAs, confirming weakness.
– Rebounds are weak and quickly sold.
⏱ Momentum:
– 15m RSI below 50, with no visible bullish divergences.
– Selling pressure still in control.
🎯 $GIGGLE Strategy:
➡️ SHORT on rebounds or
➡️ Short entry on breaking recent lows
📉 Target: continuation towards the next support
🛑 Invalidity: strong recovery and close above EMAs in 1H
💡 Conclusion:
It is not the time to hunt for bottoms. The trend dictates and remains bearish.
Continuation trade, not a rebound.


GIGGLE
68.53
-10.48%