🔥 $GIGGLE — Tactical Bounce Setup (High-Risk, High-Reward) 🔥
Bias: Bearish overall ➝ short-term bounce potential brewing
Selling pressure is fading, and smart money may be testing longs here 👀
📊 Market Read
📉 -76% from ATH (290 USDT) → deep discount zone
🧱 Consolidation: 64.68 – 74.55
🕯️ Pin bar w/ long lower wick → strong rejection at 64.68 support
📉 Volume: Declining on down moves → sellers exhausted
🔄 24h Capital Flows:
Spot: -2.6M USDT
Contracts: -4.7M USDT
BUT 👇
4h / 6h contract inflows: +269K / +1.05M → possible accumulation
📐 Indicators
Bollinger Bands: Oversold
MACD: Histogram divergence
Structure: Support holding (for now)
🎯 Trade Idea: Cautious Long (Dip Buy)
🟢 Entry: $GIGGLE 65.00 – 67.00
🔴 SL: 62.50
🎯 TP1: 74.50
🎯 TP2: 77.00
❌ Invalidation:
Clean break below 64.68 → bias flips
📍 Next downside magnet: 57.69
⚡ Summary:
Bear trend intact, but exhaustion + inflows + support defense = bounce setup.
Scalp or short-term swing only — not a marry-the-bag trade.
🚀 Tactical bounce incoming… or one last flush?
Trade smart. Manage risk. 💰
