GIGGLEUSDT is in the "Stairway to Hell" pattern (Stairway to Hell).

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GIGGLE is “Cloning” ( repeating ) its negative behaviors from the past very clearly. This one is even more dangerous than ICP because it is in the “Stairway to Hell” model (Stairway to Hell). Below are the details of the “Clone” pattern that it is repeating:

  1. “Clone” pattern: Resistance touch is “Die” (Touch & Die) Look at the large and small frame chart, GIGGLE is repeating a very bad habit: * Time 1 (Past ): The price rebounded to touch the purple EMA line (in the $150 - $154) > Was heavily sold down to 118. * 2nd time (Recently): The price lightly retraced touching the pink EMA line (area $80 - $83) > Strong drop to the bottom 56. * Time 3 (Currently): Recently, the price has bounced back to touch the pink EMA line (around 76.00) > Immediately rejected and is falling back to 66.21. The “Clone” behavior here is: Every time the recovery touches the moving average lines (EMA - the pink/purple line), the selling side activates the sell order.
  2. The “Bull Trap” structure (Bull Trap) is exactly like ICP GIGGLE also just had a “love trick” just like the 09/12 phase of ICP: * Bounce: From the bottom of 56.61, the price surged sharply to 76.00 (, an increase of nearly 35% ). This is an extremely large range enough to wipe out all the Short positions chasing the low price. * The conclusion: After reaching 76.00, it could not maintain the price and is slowly “falling” back to 66.21. The candle structure in the 76 area left a very long upper wick, indicating overwhelming selling pressure.
  3. Strategy with GIGGLE This one is in “Free Fall” state ( on the large frame ) from 216 to 66 in a short time (. * Absolutely DO NOT CATCH THE BOTTOM )Long(: Any support with GIGGLE at this moment is very fragile. The bottom of 56.61 can definitely be breached if the overall market worsens. * Short Selling )Short Selling(: * If it continues to “Clone” the old habits, a good Short point is when it retraces close to the EMA lines.
  • Selling area: Around the mark )- $69 $71 if there is a return (. * Objective: Retest the old bottom $56.61. In summary: GIGGLE is “copying and pasting” its own discount script: Sharp decline > Light rebound hitting resistance > New bottom drop. Don't be foolish to stand in front of this train.
GIGGLE-3.37%
ICP0.13%
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