GIGGLE is sliding into a bearish swing as traders eye the looming resistance, and the price is now flirting with a fresh supply zone. Momentum is draining fast.
🔴 $GIGGLE SHORT 📉
Entry $40.1698-$40.2502 | SL $41.4163 (-3.0%) | TP1 $39.6069 (+1.5%) | TP2 $38.1995 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure break at the recent high gave a clear CHoCH, while the CVD turned negative confirming the shift. An order block sits right under a fair value gap, creating a POI confluence, and a liquidity sweep ripped through the prior swing low, tightening the downside.
A 3.0% stop is relatively tight on this move, so a modest 5x leverage keeps risk manageable.
Consider taking half the position off at the first target to lock in early gains.
As always: manage your risk, this is not financial advice 🙏
$GIGGLE #GIGGLEUSDT #LUNC #TradingSignals #Write2Earn
🔴 $GIGGLE SHORT 📉
Entry $40.1698-$40.2502 | SL $41.4163 (-3.0%) | TP1 $39.6069 (+1.5%) | TP2 $38.1995 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure break at the recent high gave a clear CHoCH, while the CVD turned negative confirming the shift. An order block sits right under a fair value gap, creating a POI confluence, and a liquidity sweep ripped through the prior swing low, tightening the downside.
A 3.0% stop is relatively tight on this move, so a modest 5x leverage keeps risk manageable.
Consider taking half the position off at the first target to lock in early gains.
As always: manage your risk, this is not financial advice 🙏
$GIGGLE #GIGGLEUSDT #LUNC #TradingSignals #Write2Earn