When it comes to the GIGGLE coin, what I initially focused on was its positioning as a charitable meme.
At that time, the project team was continuously donating and doing real work, and even CZ was frequently interacting and promoting it. It was clear that it was very likely to be listed on a major exchange - and sure enough, it was listed on both spot and futures at the same time. I also made a small profit during that wave of operations.
But after reviewing it recently, I feel something is off.
You see that many narrative strong coins have already fallen to the bottom area, but GIGGLE is still hovering at a high position. What does this kind of trend often indicate? I tend to believe that its upward potential has been exhausted, and it is more likely to seek support downwards next.
Personal judgment: Wait for a suitable entry point to short, with a target below 50. Of course, this is just my trading idea, and the market will provide the answer.
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faded_wojak.eth
· 11h ago
It's indeed a bit strange to have been sideways at such a high level for so long; it feels like there's no more momentum.
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ETHReserveBank
· 11h ago
It's indeed a bit strange that it's been in a high-level sideways for so long.
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NotFinancialAdviser
· 11h ago
Stalling at a high position is a signal to dump, hurry and run.
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ChainChef
· 11h ago
nah giggle's been simmering too long at those heights, smells like the broth's about to curdle tbh
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MetaverseMortgage
· 11h ago
High position sideways is really dangerous, this wave seems to indicate a potential crash.
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WagmiAnon
· 12h ago
Stalling at a high position, this is the dump signal.
When it comes to the GIGGLE coin, what I initially focused on was its positioning as a charitable meme.
At that time, the project team was continuously donating and doing real work, and even CZ was frequently interacting and promoting it. It was clear that it was very likely to be listed on a major exchange - and sure enough, it was listed on both spot and futures at the same time. I also made a small profit during that wave of operations.
But after reviewing it recently, I feel something is off.
You see that many narrative strong coins have already fallen to the bottom area, but GIGGLE is still hovering at a high position. What does this kind of trend often indicate? I tend to believe that its upward potential has been exhausted, and it is more likely to seek support downwards next.
Personal judgment: Wait for a suitable entry point to short, with a target below 50. Of course, this is just my trading idea, and the market will provide the answer.
$GIGGLE