$GIGGLE /USDT BEARISH SETUP 🚨📉

Current Price: 63.13 USDT

📊 Technical Analysis:

$GIGGLE/USDT is showing strong bearish momentum after a sharp rejection from 71.02 resistance. The price is forming lower lows and struggling to hold above the 61.20 support, indicating potential continuation of the downtrend.

⚡ Key Levels:

Resistance: 67.91, 71.02, 75.48

Support: 61.20, 60.34, 59.00

💼 Trade Setup:

Position: Short 🛑

Entry: 63.20 – 63.50

Targets (TP): 61.20 / 60.34

Stop Loss (SL): 65.00

⚖️ Risk Management:

Keep risk ≤2% per trade, trail SL if price moves in favor, and monitor volume for confirmation.

🔥 Market Sentiment: Bears are dominating; a breakdown below 61.20 may accelerate further losses.