⚠️ $GIGGLE Rejection From Highs — Bearish Continuation Likely ⚠️
Trade Setup: Short
Entry Zone: 66.80 – 68.50
Target: 63.50 – 61.80
Stop-Loss: 71.80
65.45 | -5.19%
$GIGGLE faced a clear rejection near the 71.60 supply zone, followed by a strong impulsive sell-off that wiped out recent gains. The breakdown came with rising sell volume, confirming that buyers lost control.
Price is now holding below previous support, which has flipped into resistance. Unless price reclaims the 69–70 area, the structure favors further downside continuation rather than a bounce.
Key Chart Insights:
⚡ Strong rejection from supply
⚡ Support breakdown confirmed
⚡ Weak recovery attempts showing seller dominance
Momentum remains bearish — patience favors shorts, not bottom hunting.
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