$GIGGLE /USDT – The bearish trend continues, and buyers are still hesitant

$GIGGLE is trading near 61.7, down about 10%, continuing a clear series of lower highs and lower lows. The price is still below the short and medium-term moving averages, indicating that sellers are still in control and any bounce so far has been weak.

The recent pullback towards the 61–62 range seems more like a temporary halt rather than a confirmed bottom. Trading volume is decreasing, indicating reduced participation rather than active accumulation. Until $GIGGLE can reclaim levels above the 70+ area, this structure remains corrective.

For me, this is not a momentum play at the moment, but a watch-and-wait scenario where the structure matters more than the short spikes, especially in meme coin price movements.

Not financial advice. Risk management first.