$GIGGLE Critical Bearish Setup
$GIGGLE has been printing lower highs and lower lows over recent months, indicating
classic distribution after the prior spike. Price is now grinding into a major FVG and historical demand zone around $25–30.
Key points:
Significant prior selloff likely removed weak hands
Price back at the origin of previous expansion
Volatility contracted, energy building for potential move
Risk/reward favors downside if the zone breaks decisively
Invalidation: Clear break below $25–30 zone
shifts the bias.
If sellers dominate here, further downside toward lower targets is possible.
