$GIGGLE tapped $45.78 today and it's still up 16.55% on the day.
this isn't a one-candle pump. over 30 days $GIGGLE is up 40.35%, and it's beaten bitcoin by 19.8 points across that same stretch. the climb has been going for weeks, not hours.
the tape backs it right now. daily RSI sits at 63, strong without being cooked, and the MACD histogram is positive. yesterday's high at $38.6 broke and is now acting as support, 7.9% under the current price.
one honest catch: Bollinger %B at 1.11 says price is poking outside the top band, so a pause or a dip back toward that $38.6 shelf wouldn't shock me. volume over the last 5 days is 0.93x the prior stretch, a touch light. the setup scores 8 out of 14, good not gorgeous.
$GIGGLE trades at $41.96 as i write this. if it holds $38.6, i think it works back toward the $45.78 swing high where the room above runs out. if it loses $38.6, i'm wrong on this and there's nothing to defend, and anyone long from up here just watched a month of uptrend crack in one move.
so which is it, holding $38.6 or losing it?
this isn't a one-candle pump. over 30 days $GIGGLE is up 40.35%, and it's beaten bitcoin by 19.8 points across that same stretch. the climb has been going for weeks, not hours.
the tape backs it right now. daily RSI sits at 63, strong without being cooked, and the MACD histogram is positive. yesterday's high at $38.6 broke and is now acting as support, 7.9% under the current price.
one honest catch: Bollinger %B at 1.11 says price is poking outside the top band, so a pause or a dip back toward that $38.6 shelf wouldn't shock me. volume over the last 5 days is 0.93x the prior stretch, a touch light. the setup scores 8 out of 14, good not gorgeous.
$GIGGLE trades at $41.96 as i write this. if it holds $38.6, i think it works back toward the $45.78 swing high where the room above runs out. if it loses $38.6, i'm wrong on this and there's nothing to defend, and anyone long from up here just watched a month of uptrend crack in one move.
so which is it, holding $38.6 or losing it?
