$GIGGLE
GIGGLE/USDT – 1H timeframe:
Trend: Bullish overall, but currently in a correction phase.
Price: 227.69 (down -12.41
EMA: Price still above EMA – structure not broken.
RSI: Dropped from overbought, now around 50 – neutral to slightly bearish.
Volume: Declining, no strong buying pressure yet.
Signal Suggestion: NO SHORT now – wait for LONG setup:
- Reason: Price is still above the last support zone and EMA. No breakdown confirmation for a short.
- Better Play: Wait for pullback to support zone (200–210). If price bounces with volume
=LONG ENTRY:
Possible Setup:
- Entry: 210–220
- TP : 250
- SL : $198
Conclusion: Trend is still bullish – not ideal for short. Wait for bounce or structure break for clearer signal for short entries.
SL and risk management is the key of successful trade.
#Follow_Crypto_Teacher
#Market_Analysis
Trade Here 👉 $GIGGLE
GIGGLE/USDT – 1H timeframe:
Trend: Bullish overall, but currently in a correction phase.
Price: 227.69 (down -12.41
EMA: Price still above EMA – structure not broken.
RSI: Dropped from overbought, now around 50 – neutral to slightly bearish.
Volume: Declining, no strong buying pressure yet.
Signal Suggestion: NO SHORT now – wait for LONG setup:
- Reason: Price is still above the last support zone and EMA. No breakdown confirmation for a short.
- Better Play: Wait for pullback to support zone (200–210). If price bounces with volume
=LONG ENTRY:
Possible Setup:
- Entry: 210–220
- TP : 250
- SL : $198
Conclusion: Trend is still bullish – not ideal for short. Wait for bounce or structure break for clearer signal for short entries.
SL and risk management is the key of successful trade.
#Follow_Crypto_Teacher
#Market_Analysis
Trade Here 👉 $GIGGLE
