2026-01-08 04:27:21

GIGGLE's trend is now quite clear. After dropping from the high of 83.61, it formed an obvious double-top pattern, which should be taken seriously once confirmed. The most critical point is that the support level at 64.20 has been broken, and this is no small matter—breaking support often indicates an acceleration of the decline.

From a technical perspective, this breakout indeed signals a strong bearish outlook. Some previously expected a rebound, but the current trend seems to be negating that optimistic expectation. Losing the 64.20 support indicates insufficient buying momentum, with selling pressure taking the lead.

Do you still believe there will be a rebound? Based on the current technical pattern, there may be further adjustment pressure in the short term. In this situation, caution is necessary, and maintaining a mental defense is more important.

GIGGLE-3,37%

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PessimisticLayer

· 01-10 16:39

64.20 broke and there's no point in expecting a rebound anymore. This is the rhythm of a dump. --- Double top and breaking the level again. After saying so much, it's just two words—bearish. --- Psychological defense? Nonsense, it’s already collapsed. --- Rebound? Don’t make me laugh. With such heavy selling pressure, what are you still hoping for? --- Once the support level is broken, the whole market turns sour. This wave is beyond saving. --- Insufficient buying strength indicates one thing—nobody is interested. --- Falling from 83 to 64, I’ve finally understood. --- With the technicals like this, who’s still buying the dip? It’s a complete joke. --- It's better to cut losses directly than to try to hold the psychological line. --- With selling pressure dominant, I just smile. This is the market’s true face. --- Double top pattern confirmed = continue downward, no suspense. --- The moment 64.20 is lost, it’s time to clear the position. --- Rebound rally? It’s all a dream.

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MEVHunterNoLoss

· 01-09 11:51

Another breakdown drama, I'm tired of it. Breakdown? I've seen it coming a long time ago. The problem is that those trying to catch the bottom are still betting on a rebound. What psychological defense line? When losing money, the defense line was already gone. 64.20? Feels like it can still fall. If this continues, it might be another washout. The double top pattern explanation is too old-fashioned, but it's indeed not very good.

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RamenStacker

· 01-08 04:57

64.20 is broken, don't wait any longer, cut losses and stop the bleeding rather than being locked in a dead position.

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GamefiHarvester

· 01-08 04:51

64.20 has been broken and it’s rebounding again—dream on --- Another double top and a breakdown, just hearing it makes me feel hopeless --- I laughed at the ones who sold, while those who stayed are guarding their mental defenses --- The selling pressure is dominant, so just keep going down --- Talking so professionally, might as well see where it’s going to drop to --- A rebound? I think a reversal is more likely --- Insufficient buying support means no one is taking the buy, that’s the implied meaning

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GasFeeCrier

· 01-08 04:40

64.20 has been broken, what rebound are you talking about? --- Double top plus breakdown, this time it's going to break through the Earth's core. --- Another "possible rebound" story, I'm tired of hearing it. --- Such strong selling pressure, only brave souls are picking up the bags. --- Psychological defense line? It's been gone for a long time haha. --- The moment support breaks, you should have run. It's too late to say anything now. --- GIGGLE, this wave is really about to exit. --- Full of bearish signals, does no one dare to buy the dip? --- Coming down from $83 to here, the trap is pretty tight. --- What does insufficient buying support indicate? It shows everyone has seen through. --- Cautious? I've already gone all-in on short positions. --- Rebound? Don't even think about things that don't exist. --- Breakdown is just breakdown. The technicals are so clear, is there still a need to discuss?

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ser_ngmi

· 01-08 04:39

64.20 once broken, it's broken. A rebound? Dream on. This wave looks bearish, no problem. There's nothing to look forward to. With such heavy selling pressure, you still want to recover? Dream on. Double top breakdown, this is how it happens. It might fall even more fiercely. Psychological defense? Bro, at this point, you should be protecting your wallet. Support levels are gone. What else can you do? Watch and wait. Cut your losses quickly to save your life. It will definitely fall again later. This technical pattern is obvious. Breaking the level is a signal. Ignoring it could lead to big trouble.

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