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๐ $GIGGLE Short Setup Alert, Bear Analysis
$GIGGLE /USDT shows intensifying bearish momentum with a sharp breakdown below 150 structure and lower highs confirming downtrend. With volume expanding over 63M USD on sell-off, a move toward 130- looks at risk.
๐ Market Snapshot
Timeframe Analyzed: 1H
Current Price: 139.21
24h High: 155.69
24h Low: 135.75
Volume: 63.15M USD
๐ Key Levels to Watch
Support: 135.75, 133.83, 130.00, 125.00
Resistance: 142.25, 150.65, 159.06, 167.46
๐ฏ Trade Setup
Entry Zone: 139.50 to 140.50
TP1: 135.75
TP2: 133.83
TP3: 130.00
SL: 145.00
โ ๏ธ Invalidation
Setup invalid if price closes above 145.00.
โจ Summary
GIGGLE's 8.9% plunge signals meme fatigue with downside acceleration. As long as price stays below the stated levels, the path toward 130 remains in play. Watch for rejection at 140 with volume expansion on downside.