$GIGGLE at $36.44 is still cheap even after +7.14% today. đ
Hot take: this is not a chase, itâs still an accumulation zone.
Everyone sees a 7.3% 4h push and gets scared of buying the top. I see price holding above the 20d and 50d, RSI at 59, and funding barely positive at 0.005% while longs pay up. Thatâs not euphoric. Thatâs a trend with room.
Volume is only $6.37M, just 0.6x the 20d average. đ
Translation: this move is not crowded yet.
Itâs 38% up its 30d range and still 35% off the high. Thatâs where the real squeeze usually starts. đ„
Holding or fading this?
#GIGGLE
#CryptoNews
Hot take: this is not a chase, itâs still an accumulation zone.
Everyone sees a 7.3% 4h push and gets scared of buying the top. I see price holding above the 20d and 50d, RSI at 59, and funding barely positive at 0.005% while longs pay up. Thatâs not euphoric. Thatâs a trend with room.
Volume is only $6.37M, just 0.6x the 20d average. đ
Translation: this move is not crowded yet.
Itâs 38% up its 30d range and still 35% off the high. Thatâs where the real squeeze usually starts. đ„
Holding or fading this?
#GIGGLE
#CryptoNews