🔥 $GIGGLE — Bounce or Breakdown? Eyes on This Zone 🔥

Bias: Bearish overall ⚠️ but exhaustion + consolidation hint a tactical bounce may be loading.

📉 Market Snapshot

Price: -76% from ATH (290$)

Range locked: 64.68$ – 74.55$

Strong pin bar rejection at 64.68$ → buyers defended hard

Volume fading on dumps → selling pressure weakening

24h Volume: 1.89M$ → enough fuel for volatility

💰 Capital Flows

24h Spot: -2.6M$

24h Contracts: -4.7M$

BUT 👀 Smart shift detected:

4h contracts: +269K$

6h contracts: +1.05M$ → early accumulation signal

📊 Indicators Check

Bollinger Bands: Oversold

MACD: Histogram divergence

Structure: Support still intact (for now)

🎯 Trade Setup — Cautious Long (Dip Buy)

🟢 Entry: 65.00$ – 67.00$

🔴 SL: 62.50$

🎯 TP1: 74.50$

🎯 TP2: 77.00$

❌ Invalidation:

Lose 64.68$ support → bounce idea dead

Next downside target: 57.69$

⚡ Bottom Line:

Trend still bearish, but exhaustion + inflows + defended support = bounce potential.

Quick trade, tight risk. Not a long-term hold.

🚀 Dead cat bounce… or start of a recovery leg?

#GIGGLE #GIGGLEUSDT #Binanceproject