$GIGGLE is building something interesting right now.
Price is facing resistance around $32.50, and that level is clearly being respected for the moment. But here’s the important part — selling pressure near $31 is getting absorbed. That means buyers are stepping in quietly, taking what sellers are offering instead of letting price drop.
Momentum is neutral to slightly bullish. It’s not explosive yet, but it’s steady. And more importantly, price is holding above short-term support. That shows stability. When a market refuses to fall despite resistance overhead, it often means energy is building.
This looks like consolidation before expansion.
Here’s the trade setup:
Entry: $31.19481
Target 1: $33.00
Target 2: $34.50
Stop Loss: $29.80
If price breaks cleanly above $32.50, that could be the trigger. A breakout there would likely open the path toward $33.00, and if momentum builds, $34.50 becomes a realistic extension.
The structure suggests a measured move rather than a sudden spike. Buyers are positioning. Sellers are trying to defend. The market is compressing.
And when compression ends, movement begins.
Watch the breakout level carefully. If it clears with strength, continuation becomes the higher-probability outcome.
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