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GIGGLE/USDT Short: Precise Resistance Zone Interception 🐉
Short logic: The 1-hour chart shows that after a rapid rally, the price enters the upper strong resistance supply zone (purple area) between 41.0 and 42.5. This area is a previous dense trading zone, and currently, the K-line shows clear resistance signals in this zone, with momentum beginning to weaken, indicating a likely technical pullback.
Direction: Short (Short)
Entry point (Entry): Around 38.31 (or wait for a pullback to the purple zone for confirmation)
Stop loss (SL): 42.69
Take profit (TP): 33.21
Summary: A typical supply zone resistance trading opportunity. The price is far from the moving average, indicating a need for reversion. Strictly execute stop-loss and control position risk! 🧧$XMR