Everyone laughed at this one a few weeks ago, but nobody is laughing now.

$GIGGLE ‌ is pulling off a textbook recovery after bottoming out near 21.18. We just saw a solid bounce and it's currently sitting at 28.50, looking to reclaim that psychological 30 level. The price action is actually surprisingly clean for a meme coin right now.

The daily candles are showing a nice rounding bottom structure. If we can flip 30.30 into support, the next major hurdle is around the 33.65 peak. Volume is starting to trend up again which is usually a sign that the whales are re-accumulating.

I’m watching the 26.00 area as the new immediate support. If we hold that on a retest, the trend is still our friend. If it breaks back below 24, I'll be looking for a new setup.

​Let’s see if this momentum has legs or if it’s just a trap before more sideways movement. Monitoring the order book closely for any big sell walls.

#GateSquareAprilPostingChallenge