Hey folks, I started closely monitoring the stock $GIGGLE , and the reason is clear. The stock has experienced a sharp decline from its previous peak, but it is currently stabilizing above a strong support zone between 56.5 – 57.0, which shows notable resilience with a clear slowdown in selling pressure.
The chart reflects early signs of stability after a strong pullback, and if buying liquidity enters from this area, there is a high probability of the price returning towards previous resistance areas.
This trade relies on entering near support and building a gradual position, rather than chasing peaks.
Trade settings:
Entry range: 58.00 – 64.20
First target: 68.00
Second target: 74.50
Third target: 88.00
Stop loss: 50.80
GIGGLEUSDT
Perp
67.95
+7.14%
