$GIGGLE — Strong uptrend, structure still intact
📈
Clean rising channel with higher highs and higher lows since the 31st. Currently at $48.60, up +0.91%, just bounced off trendline support after tapping a local high near 55. Structure still favors continuation as long as this channel holds.
Liquidation map backs the setup: short liquidity builds heavily above current price, growing thick from 49.7 all the way to 57.8 — a push higher could easily fuel a squeeze through that zone. Below, long liquidations are mostly cleared out near 41-46, meaning downside risk from leveraged longs has thinned out.
Trend + liquidity positioning both point the same direction from here.
👀
DYOR. NFA.
📈
Clean rising channel with higher highs and higher lows since the 31st. Currently at $48.60, up +0.91%, just bounced off trendline support after tapping a local high near 55. Structure still favors continuation as long as this channel holds.
Liquidation map backs the setup: short liquidity builds heavily above current price, growing thick from 49.7 all the way to 57.8 — a push higher could easily fuel a squeeze through that zone. Below, long liquidations are mostly cleared out near 41-46, meaning downside risk from leveraged longs has thinned out.
Trend + liquidity positioning both point the same direction from here.
👀
DYOR. NFA.