GIGGLE has just experienced a beautiful rebound. It surged from a low of 61.51 directly to 64.73, an increase of over 5% from the bottom, with a 24-hour gain of 3.98%.
On the technical side, the signals are good. The Bollinger Bands are opening upward, and the price has already broken through the middle band and stabilized above the upper band. The MACD has formed a golden cross, and the red histogram is expanding. Although the KDJ is at a high level, it has not yet turned down. The volume increase during the rise also confirms that funds are indeed entering the market.
In the short term, focus on the 24-hour high of 66.23 as a resistance level. If it can break through, a new upward space will open. Conversely, if it pulls back, the middle band support at 62.72 will become a key defensive position.
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MiningDisasterSurvivor
· 01-11 20:55
I've experienced this set of technical indicators shaking out traders, including Bollinger Bands, MACD, KDJ... Basically, it's the funds playing tricks on retail investors. Who can be fooled by a 5% rebound? I saw even crazier surges in 2018, only to be cut in half immediately afterward.
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LightningLady
· 01-10 16:47
66.23 if broken, it will be exciting. This wave looks a bit interesting.
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NoStopLossNut
· 01-10 16:47
Bollinger Bands opening, MACD golden cross, it does seem to have some substance, just don't let another wave of trap traders happen again.
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CodeSmellHunter
· 01-10 16:38
Bollinger Band opening, MACD golden cross, this wave of GIGGLE indeed looks promising, but whether the 66.23 barrier can be broken depends on whether the funds are strong enough.
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BanklessAtHeart
· 01-10 16:34
Bollinger Bands opening, MACD golden cross, increased volume entering the market—this rhythm is quite intense. Will it break below 66.23? The decision will determine the next move.
GIGGLE has just experienced a beautiful rebound. It surged from a low of 61.51 directly to 64.73, an increase of over 5% from the bottom, with a 24-hour gain of 3.98%.
On the technical side, the signals are good. The Bollinger Bands are opening upward, and the price has already broken through the middle band and stabilized above the upper band. The MACD has formed a golden cross, and the red histogram is expanding. Although the KDJ is at a high level, it has not yet turned down. The volume increase during the rise also confirms that funds are indeed entering the market.
In the short term, focus on the 24-hour high of 66.23 as a resistance level. If it can break through, a new upward space will open. Conversely, if it pulls back, the middle band support at 62.72 will become a key defensive position.