GIGGLE is still trapped within the bear market structure. The price is moving within a downward channel, and the trend remains intact, with no real signs of reversal yet. The recent rebound is approaching a clear imbalance zone. This area represents selling pressure, not strength. Unless GIGGLE can recover and stabilize above the imbalance zone, the upside potential is limited. In the short term, the key is to observe whether it can break through this supply pressure zone, which will determine whether the trend can reverse.
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ruggedNotShrugged
· 12-22 15:48
The supply pressure is firmly holding down, this rebound is just a flash in the pan... Unless it can truly break through that area, otherwise it will continue to grind down.
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LiquidityWitch
· 12-22 03:27
The bear market structure is still holding on, this rebound is just to send people to their doom.
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The supply pressure can't be broken, GIGGLE still has to continue kneeling.
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Wait, can it stabilize and stand up? It feels precarious.
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Another descending channel, another imbalance zone, can it turn around this time? I have my doubts.
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To put it bluntly, we still haven't seen a real reversal signal, and the risks are quite significant.
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The trend sounds intact, which is quite ironic given how fierce this decline is.
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The key is whether it can break the supply pressure; otherwise, it's just going to keep trapping people.
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The rebound is just a quick rebound; this trick is too familiar.
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GIGGLE is not doing well this time, don't expect anything in the short term.
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ForkTongue
· 12-21 12:58
Hmm... Is this supply pressure zone going to trap us again? It feels like GIGGLE is constantly messing around here.
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MEV_Whisperer
· 12-21 11:12
The Bear Market structure is tightly pressed down, and if the supply pressure cannot be crossed, don't expect a Rebound, just wait and see.
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LongTermDreamer
· 12-19 20:06
Hi, it's that annoying location again. I saw this kind of supply pressure three years ago, and then... never mind, I won't say more. Anyway, let's just wait patiently now.
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LiquidatedAgain
· 12-19 20:06
Once again, I see this analysis and know that GIGGLE will eventually dump. Don't even try to touch it before the trend reverses.
If the supply pressure zone isn't broken through, it's definitely a liquidation trap. Too bad I didn't realize this earlier.
This time, I’ve learned my lesson—I'll check the risk control levels first.
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BlockDetective
· 12-19 20:05
Don't expect a turnaround unless the bear market structure is broken. GIGGLE's rebound looks pretty weak too.
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BtcDailyResearcher
· 12-19 19:57
It's another supply pressure blocking the way, GIGGLE's pathetic appearance is really ugly.
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AirdropBuffet
· 12-19 19:53
It's the same old story again; breaking through in a bear market is difficult unless you can truly establish yourself above the top.
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TokenDustCollector
· 12-19 19:49
Such a rebound in a bear market is just a trap, still want to break above? Give me a break, this supply pressure thing breaks as soon as you poke it.
GIGGLE is still trapped within the bear market structure. The price is moving within a downward channel, and the trend remains intact, with no real signs of reversal yet. The recent rebound is approaching a clear imbalance zone. This area represents selling pressure, not strength. Unless GIGGLE can recover and stabilize above the imbalance zone, the upside potential is limited. In the short term, the key is to observe whether it can break through this supply pressure zone, which will determine whether the trend can reverse.