$GIGGLE / USDT Trade Setup: Bullish Momentum Building! đ
Looking at the 1H chart for $GIGGLE, we are seeing some promising signs of a reversal. The price has successfully bounced from the recent local lows ($22.18) and is currently showing strength. Crucially, the price action has just crossed above both the 7-period and 25-period EMAs, signaling a shift toward short-term bullish momentum.
Our next major resistance to test is the 99 EMA sitting around $23.98. If we break that, there is solid room to run!
Here is the setup:
đŞ Pair: $GIGGLE/USDT
đ Direction: LONG
đ Entry Zone: $23.30 - $23.50 (Current Price: $23.45)
đŻ Take Profit Targets:
TP1: $23.98 (Testing the 99 EMA resistance)
TP2: $24.50 (Near the 24H High)
TP3: $25.20 (Testing the previous swing high of $25.26)
đ Stop Loss: $22.80 (Placed safely below the recent support structure and EMA crossover)
