$GIGGLE just flipped yesterday's high into support and it's trading $41.89, up 6.1% on the day.
that level is $41.75. price broke above it, dropped back to test it, and the test is holding so far. that's the setup, nothing fancier than that.
the reason to stay long is the trend. $GIGGLE is up 30.19% over 30 days and 4.33% on the week, and it's beating bitcoin by 5.7 points over that month and 2 points over the week. RSI at 62 is the zone where moves keep going, MACD histogram is positive, and it closed above the upper bollinger band. it's climbing faster than the market around it.
what i don't love is the volume. the last five days ran at 0.87x the twenty before them, and 24h volume on Binance is just $12M. the price move is real, the crowd behind it isn't there yet.
so the call: $GIGGLE is at $41.89 right now. if it holds $41.75, i think it grinds toward the 10-day swing high at $45.78 with little in the way. if it loses $41.75, i'm wrong on this and there's nothing to defend, you're just holding a coin that failed its own retest while volume was already thinning out.
holding $41.75 or losing it?
that level is $41.75. price broke above it, dropped back to test it, and the test is holding so far. that's the setup, nothing fancier than that.
the reason to stay long is the trend. $GIGGLE is up 30.19% over 30 days and 4.33% on the week, and it's beating bitcoin by 5.7 points over that month and 2 points over the week. RSI at 62 is the zone where moves keep going, MACD histogram is positive, and it closed above the upper bollinger band. it's climbing faster than the market around it.
what i don't love is the volume. the last five days ran at 0.87x the twenty before them, and 24h volume on Binance is just $12M. the price move is real, the crowd behind it isn't there yet.
so the call: $GIGGLE is at $41.89 right now. if it holds $41.75, i think it grinds toward the 10-day swing high at $45.78 with little in the way. if it loses $41.75, i'm wrong on this and there's nothing to defend, you're just holding a coin that failed its own retest while volume was already thinning out.
holding $41.75 or losing it?
