The trading alert at 3 AM broke the sleep - $GIGGLE plummeted straight down, breaking through the $65 mark, madly diving towards the "bottom line" of $57.

The group went into an uproar. Screenshots of liquidations flooded the chat, with some people frantically shifting blame, while others were asking, "Is there still a way to save it?"

An experienced trader who exited before the LUNA crash left only a cold comment: "What's the point of watching the MEME coin jump up and down on the K-line? The real killer isn't that it fell to $47, but that you put all your wealth into this 'emotional game.'" Then he directly showcased an on-chain transfer — moving his funds securely into USDD.

The story of GIGGLE is actually nothing new.

From the peak of $71, it has plummeted all the way down and is now barely surviving around $58, with $57 becoming the last support on the chart.

All discussions revolve around the same question: Is this a MEME coin with unique mechanisms and market support, or is it a high-risk gamble in disguise?

Charts don't lie. $57 is the bottom line, and if it falls below that, it could plunge straight down to the abyss of $47; $65 to $71 is the overhead resistance that requires a massive investment to break through. Although it has already halved by 57% in a month, the nearly $20 million average daily trading volume indicates that participants are still excitedly placing their bets.

This is what reality looks like: what you are participating in is actually an extreme game driven by market sentiment, narrative hype, and liquidity.

Technical analysis can help you see support and resistance, narratives can make you believe in the future, but no one can predict when the next big whale will plummet, and no one can fully grasp the rhythm of this volatility.