🚀 Buy Signal
$GIGGLE
After observing $GIGGLE's steady upward trend, I just established a small position. Here is my analysis:
Settings:
The price has consistently remained above all major moving averages and is currently at 28.79. The 7-day moving average is at 28.50, and the 25-day moving average is at 28.35, both trending upwards, which typically indicates that buyers are in control.
My reasons for being bullish:
• Price is above all major moving averages (7-month, 25-month, 99-month)
• The 7-month moving average is around 28.50, providing strong support
• Higher lows have formed on the 1-hour chart
• The 99-month moving average is around 28.05, providing solid support
• The upward momentum of this concept stock remains strong
My plan:
🎯 Target price:
29.00
29.50
30.00 (next resistance level)
🛑 Stop loss: 28.31
Who else is following this concept stock?
Please share your charts and thoughts below👇
#GIGGLE #Meme #Trading #CryptoAnalysis $GIGGLE
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