📉 $GIGGLE ‌ : Is this the final pullback before the $180 retest?

Yo, look at this GIGGLE chart. This thing has been grinding sideways for hours after that big wick up to $178 yesterday.
We've got a clear support zone right around that $160 to $162 level. It bounced hard from there earlier.
The price action is consolidating now, which is normal after a big move, but check the order book.
84.42% of the action is sitting on the sell side (Ask) right now. That is a heavy wall of resistance overhead. It tells you people are waiting to dump.
If it can chew through that selling pressure and close a 1-hour candle above $170, we are definitely looking for another test of the $178 high.
But if the sideways action continues and the volume stays low, this whole range is a distribution zone, and we're heading back to test the $160 support. Tread lightly here, it’s a tight spot.

#Giggle #TopDipPicks