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$GIGGLE this wave of market actually feels a bit虚。The rebound lacks volume follow-through, and funds in the MEME sector are quietly flowing out. The overall market hasn't given much opportunity. To put it simply, cryptocurrencies that rely purely on charity concepts and celebrity effects, without real ecological support, are uncertain about how far the trend can go.
From a technical perspective, the $70-76 range is very critical—what was once support has now become resistance above. If the rebound stalls near $76 or if the price closes below $70 on the 4-hour chart, then the opportunity for a bearish move arises.
The simple trading logic is this: wait until the rebound weakens near $76, especially when the 4-hour closing price drops below $70, then enter a short position. The first target is to hit $60, and if luck is on your side, you might reach the previous low of $47. Set the stop-loss just above the $76 breakout line on the 4-hour chart.
Currently, going short at market price might be a bit aggressive, but if you are confident that the overall trend is downward, with proper stop-loss management, the risk remains controllable.