I’m bearish on $GIGGLE as price is facing strong resistance around the current range and showing signs of weakening momentum. Sellers are beginning to step in, and if rejection continues, the current structure could support a move toward lower support levels...
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, while recent consolidation suggests accumulation above support. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.0132 holds, bullish continuation remains the higher-probability path.
The Bank Of Japan keeps interest rates unchanged at 1%
This removes another short-term uncertainty for global markets.
The BOJ has been one of the biggest macro factors for risk assets because changes in Japanese rates can impact the yen carry trade and global liquidity.