You are not going to believe the wick I just saw on $GIGGLE ‌ .


​Someone tried to take this thing to the moon and got absolutely smacked down at $125. That is a massive rejection candle. If you were holding up there, you know the pain.
​The good news? It managed to recover and is holding above the $77 mark right now. This is the crucial level. It was resistance, then it became temporary support on the pullback.
​Look at the volume: 304M USDT traded. The big players are definitely here.
​If this $77 support breaks, we are probably going to see a full retest of the $60 area. I'm staying on the sidelines until we can get some consolidation and prove that $125 was a shakeout, not a top. This is pure gamble territory right now.

#Giggle #DecemberRateCutForecast
GIGGLE-1,79%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)