$GIGGLE just did what meme coins do best — chaos first, opportunity after.
Price dumped straight into the range low, swept liquidity around 50.27, and then snapped back with a strong reaction candle. That kind of move usually means the sell pressure climaxed. Sellers pushed hard, but couldn’t keep control, and now the chart is showing signs of a bounce rather than continuation.
On the 15m, momentum is shifting. The candles aren’t expanding down anymore, and the bounce came with intent, not hesitation. In fast coins like this, mean reversion moves can happen quickly once the liquidity grab is done.
Entry zone to watch is 50.50 to 50.90. That’s the reclaim area after the sweep, where the idea stays valid and risk stays defined. Chasing higher after a meme spike is where traders get trapped.
Targets are structured. First take profit is 51.80, a nearby reaction level where price can stall. If momentum keeps building, 52.80 is the next push zone where stronger resistance may show up.
Stop-loss is 49.90. If price drops back below that and holds, then the bounce failed and sellers regained control.
The setup logic is clear — range low swept, strong reaction candle, and sellers losing strength short term. Meme volatility can move fast in both directions, so tight risk and step-by-step profit taking is the smart play here.
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