🚨 $GIGGLE Strategy: The Liquidity Sweep Rebound
The "markup phase" has transitioned into a violent markdown. The Sniper waits for the final shakeout of late longs before striking. We are watching the $31.00 – $32.20 demand zone for a high-precision relief play.
Entry Zone: $31.00 – $32.20 (Wait for 15m bullish absorption)
TP1: $34.50 (Minor resistance flip)
TP2: $37.00 (Structural retest of the MA-25)
TP3: $41.50 (Macro relief target)
Stop Loss: $29.80 (Hard exit below the psychological floor)
Trade Logic:
$GIGGLE is down 31% from its recent peak and is currently oversold on lower timeframes. The volume spike near $31.00 indicates a massive absorption of sell orders (capitulation). We are sniping a high-risk technical bounce, targeting the gap back toward the MA-99 ($39.26). This is a "Sniper" strike—get in, hit the target, and protect capital.
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