2026-01-09 03:35:03

GIGGLE's recent market movement is quite interesting. The price is being tightly held down by the 20-day moving average at 67.65, and the 60-day moving average is at 69.51, creating a double resistance that feels like heaven and hell. During the rebound, it didn't even touch the intra-day high of 65.38 before turning around, a classic case of being eager but powerless.

The RSI is currently stuck at 52, unable to go up or down, just hanging there. The MACD looks even worse, with the entire line submerged below the water, and the green bars still lengthening, showing no signs of turning red. The bearish momentum shows no signs of easing.

The trading volume is so low that no one is interested in pushing it up. This is a typical scenario where the main players are just playing tricks on themselves. From another perspective, in low-liquidity assets, once a dump happens, almost no one can catch the falling knife.

Currently, at the 64.83 level, if you want to short this wave, the timing window won't be too long. Many people have already placed market orders to sell.

GIGGLE3,44%

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GasFeeCrier

· 01-09 04:04

Damn, this GIGGLE market is really torturing people. The dual-line squeeze has basically killed any chance.

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HackerWhoCares

· 01-09 03:59

Double pressure causing a deadlock, sluggish trading volume, and the main players putting on a show for themselves—this is a typical mess. --- RSI hanging awkwardly in the middle, MACD still in the basement, and the bearish momentum has not weakened at all. --- Once illiquid assets are hit, no one is willing to take the buy-in. This is the current situation of GIGGLE. --- At 64.83, be mentally prepared for a bottom-fishing attempt; the window of opportunity won't last long. --- A feeble rebound with no strength, the price can't even reach yesterday's high, and you all know what that means. --- With such low trading volume, the potential for growth is indeed limited; the main players may have already washed their hands. --- The green bars are still growing, and days of turning red are nowhere in sight. This bullish wave might have to wait.

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GasWrangler

· 01-09 03:48

ngl the liquidity structure here is demonstrably problematic—if you actually analyze the order book depth, those market orders are just chasing a mirage. technically speaking the vol profile screams sub-optimal entry conditions

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MidsommarWallet

· 01-09 03:35

Damn GIGGLE, this dead and persistent decline, double pressure is directly pressing the bulls to the ground and rubbing them Trading volume is extremely low, the main players are self-indulgent, and the bagholders have all stayed away

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