$GIGGLE / $USDT is reminding everyone how quickly sentiment can shift when momentum cools but structure still holds.
Price is trading around $68.85, up more than +6% on the day, after a strong rally that peaked near $71.63. That push was powerful and emotional, the kind that pulls attention fast. The rejection from the highs, though, shows sellers were ready to lock in profits once price stretched too far, too fast.
On the short timeframe, price has slipped below MA(7) and is now leaning on the MA(25), while MA(99) remains well below, still supporting the broader structure. This isn’t a breakdown. It looks more like a pause after excitement, where the market asks whether the move had depth or was driven purely by momentum.
The $68.20–$68.50 zone is acting as immediate support. Buyers have stepped in quietly here, preventing a sharper drop. If this area holds, price can stabilize and potentially build another attempt toward $70.50–$71.60, where selling pressure was clearly strong before.
