Based on Friday midday trends, GIGGLE continues to show a bullish pattern, with further upside potential.
From an operational perspective, if you want to participate in this wave, the range of 62.80 to 63.80 is a suitable entry point. Afterwards, focus on the target levels of 65.60, 67.40 to 69.37, which may serve as resistance or support levels. In terms of risk, a break below 60.90 would require stopping out.
This is just a reflection based on the current trend; specific operations should also consider your own risk tolerance. Market fluctuations are inevitable, so caution is advised.
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SerNgmi
· 2h ago
Is entering at 62.80 stable? I always feel this position is likely to be smashed.
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HackerWhoCares
· 8h ago
The position between 62 and 63 is indeed very tempting, but I chickened out. I'll wait for a pullback before making a move.
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DaoResearcher
· 8h ago
According to the technical analysis chapter of the white paper, the entry range of 62.80-63.80 is assumed to hold under the current market microstructure. However, it is worth noting that the token weighted voting mechanism's vulnerability in high volatility environments has been definitively proven, and the risk exposure may be seriously underestimated.
It is recommended to review on-chain data before entering the market; don't be fooled by resistance levels.
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From the data performance perspective, the target level of 69.37 is set quite cautiously, but the stop-loss point at 60.90... how should I put it, incentives are incompatible, everyone.
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NGL, I am optimistic about the upward trend, but this simple price prediction model ignores the game-theoretic equilibrium among market participants— the existence of multiple Nash equilibria will directly weaken the validity of the prediction.
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Wait, what is the support logic between 65.60 and 67.40? It seems to lack fundamental support from governance aspects.
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Talking about risk tolerance is good, but most people haven't even calculated their bankruptcy curve... It still needs to be evaluated from the incentive structure of DAO governance mechanisms.
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SquidTeacher
· 8h ago
62.80 is a more stable entry point, but I still think this move depends on whether 60.90 can hold.
Based on Friday midday trends, GIGGLE continues to show a bullish pattern, with further upside potential.
From an operational perspective, if you want to participate in this wave, the range of 62.80 to 63.80 is a suitable entry point. Afterwards, focus on the target levels of 65.60, 67.40 to 69.37, which may serve as resistance or support levels. In terms of risk, a break below 60.90 would require stopping out.
This is just a reflection based on the current trend; specific operations should also consider your own risk tolerance. Market fluctuations are inevitable, so caution is advised.