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$GIGGLE /USDT Short Opportunity Alert! Technical Forecast with Entry, TP & SL Inside – Act Fast! 🚨
$GIGGLE is flashing strong bearish signals on Binance! After a massive initial pump, the price has crashed over 15% in the last day alone, now sitting at $74.79 (down from recent highs above $285). The daily chart shows heavy selling pressure with consistent red candles, declining volume, and a clear downtrend.
Key indicators confirm the bearish momentum:
MACD: Strongly negative at -1.82, with the histogram deepening red – classic sell signal.
Stochastic: %K at 9.06 (deeply oversold), but in a downtrend, this often leads to further drops before any relief.
RSI: 21.94 (6-period) and 37.43 (14-period) – oversold territory signaling exhaustion, but momentum remains downward.
This looks like a prime short setup as the dump continues. Potential for quick profits on the way lower!
📉 Suggested Short Trade:
Entry: Around $74-75 (current levels)
Take Profit: $60 (next support zone) – ~20% potential gain
Stop Loss: $85 (above recent minor resistance) – risk management essential
Trade at your own risk – DYOR & use proper leverage! High volatility ahead.
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#GIGGLE #GIGGLEUSDT #CryptoTrading #Binance
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