You are not going to believe the wick I just saw on $GIGGLE .
Someone tried to take this thing to the moon and got absolutely smacked down at $125. That is a massive rejection candle. If you were holding up there, you know the pain. The good news? It managed to recover and is holding above the $77 mark right now. This is the crucial level. It was resistance, then it became temporary support on the pullback. Look at the volume: 304M USDT traded. The big players are definitely here. If this $77 support breaks, we are probably going to see a full retest of the $60 area. I'm staying on the sidelines until we can get some consolidation and prove that $125 was a shakeout, not a top. This is pure gamble territory right now.
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You are not going to believe the wick I just saw on $GIGGLE .
Someone tried to take this thing to the moon and got absolutely smacked down at $125. That is a massive rejection candle. If you were holding up there, you know the pain.
The good news? It managed to recover and is holding above the $77 mark right now. This is the crucial level. It was resistance, then it became temporary support on the pullback.
Look at the volume: 304M USDT traded. The big players are definitely here.
If this $77 support breaks, we are probably going to see a full retest of the $60 area. I'm staying on the sidelines until we can get some consolidation and prove that $125 was a shakeout, not a top. This is pure gamble territory right now.
#Giggle #DecemberRateCutForecast