$GIGGLE is cooling down after a sharp spike
$GIGGLE is trading around $71.34, up +2.34% on the day. The price recently pushed hard from the $66.83 low and reached a short-term high near $78.40. That move was fast and emotional, but it did not hold.
After touching $78.40, sellers stepped in. The chart shows a clear pullback with lower highs and steady selling pressure on the 30-minute timeframe. Price is now drifting back toward the mid-zone instead of bouncing strongly, which tells us momentum has slowed.
Right now, $71–$70 is acting as a decision area. This zone matters because it sits above the recent daily low at $69.45. As long as price holds above that level, the move still looks like a pullback, not a breakdown. If $69.45 fails, price can easily revisit the lower range near $67.
Volume expanded during the push up and faded during the drop. That usually means the hype move is over and the market is waiting for a new trigger.
Simple trade structure (based only on this chart):
Entry idea: $70.80 – $71.50
Stop loss: Below $69.40
Target 1: $73.80
Target 2: $76.40
This is not a chase trade. It only works if price respects the current support zone and shows stability.
Market tone:
Not bullish hype, not panic selling. This looks like consolidation after volatility. Patience matters here.
Pro tips:
Do not enter if price loses $69.45
Strength only returns above $74
Low volume means wait, not force trades
GIGGLE remains volatile, and this zone decides the next real move.
