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【$GIGGLE Signal】Pullback with multiple entries, 1H support for trading
$GIGGLE 4H RSI touches 70 then pulls back, 1H MACD forms a death cross, price drops from 40.27 high to 37.92. Buy order depth shows a 1.89 ratio, indicating willingness to buy below. Bollinger Bands 1H midline at 37.92 coincides with current price, short-term direction unclear.
🎯Direction: Watch (place buy orders)
⚡Entry/Order: 37.73
🛑Stop Loss: 33.27
🚀Target 1: 38.00
🚀Target 2: 38.15
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss to break-even. If the price retraces to 37.73 and falls below again, abandon this plan.
Depth logic: 4H MACD bullish bars narrow, but the fast and slow lines are still above zero, indicating the trend is intact. Volume decreases with each rally, showing weakening momentum. The risk-reward ratio is only 0.06, but support at 34-35 area includes the 4H lower Bollinger Band and EMA50, providing enough room for stop loss. If the price can hold above 37.73 and rebound above 38, the bullish structure continues.
Check real-time market 👇 $GIGGLE
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