GIGGLE's recent trend looks a bit shaky. On the 1-hour chart, the price surged from 66.23 and then started to decline, currently trading at 62.34, having broken through the key supports of MA5 (62.66), MA10 (62.54), and MA20 (63.32). Even more concerning is that the RSI(6) is only 36.90, a clear sign of weakness. The MACD green histogram is expanding, and the DIF (-0.29) is far from the DEA (-0.23), indicating that the main force is dumping and pushing down.

Now, the bearish momentum looks good. You can open a short position at the current price of 62.34, with a stop-loss placed above the previous high of 66.23 for safety. The first target is the 24-hour low of 61.51, and the second target is further down at the previous low of 58.50. Don't rush to exit the trend position; hold firmly. For short-term traders, taking partial profits at support levels is a safer approach. Be cautious of the main force using a breakdown pattern to accelerate the drop, which could directly break through key supports, so stay alert.