#GIG #GIVEAWAY🎁 #giggle

GIGGLE
GIGGLEUSDT
33.27
+2.02%

$GIGGLE /USDT – 12H Chart: Still Heavy, Still Bearish

On the 12-hour timeframe, $GIGGLE is firmly stuck in a downtrend. Lower highs, lower lows, no mystery here — sellers are still running the show. Every bounce keeps getting rejected by the descending trendline, and that trendline hasn’t been broken once.

Right now, price is sitting right above a major historical support zone, which makes this area a real decision point. Something has to give soon.

What the chart is saying

👉 Trend: Bearish and intact

👉 Structure: Classic bearish continuation

👉 Behavior: Weak demand, no real bullish impulse

👉 Previous consolidation failed → breakdown confirmed continuation

Key levels to watch

Resistance (supply):

👉 58.3

👉 64.2

👉 71.3

👉 79.2

Support (decision zone):

👉 45.8 – 45.2 (last meaningful demand)

Bullish case (counter-trend ⚠)

This only becomes interesting with proof, not hope:

👉 Strong bounce from 45.8–45.2

👉 Clear break and close above the descending trendline

👉 Followed by a higher high above 58.3

Without those, any bounce is just a bearish pullback, not a reversal.

Bearish case (primary scenario)

Still the higher-probability path:

👉 Lose 45.8–45.2 with acceptance

👉 Clean breakdown below current lows

If that happens, downside can accelerate quickly since support below is thin.

Bottom line

$GIGGLE is still in distribution, not accumulation.

👉 Hold support → possible technical bounce

👉 Lose support → continuation lower

No need to front-run anything here. Let price confirm before picking a side.