$GIGGLE experienced a long liquidation at $60.58, signaling that buyers were trapped after failing to sustain higher prices. This suggests rejection from local highs and increasing short-term bearish pressure. Long liquidations often push price into a corrective phase while the market searches for stronger demand. If $GIGGLE remains below the $62 level, downside continuation or sideways movement is likely. A strong bounce with volume would be needed to shift sentiment back in favor of buyers.
GIGGLEUSDT
Perp
57.31
-12.29%
