The post GIGGLE Rises as Open Interest Surges and Buyers Return appeared com. Giggle Fund’s rebound above $200 confirms a bullish trend with strong technical support Rising open interest signals growing speculative activity and renewed trader optimism Persistent spot outflows reveal lingering investor caution despite improving price action The Giggle Fund (GIGGLE) market has rebounded strongly after weeks of heavy losses, signaling renewed optimism among traders. Following a steep decline from its peak near $287. 96 to a low of $8, the token has now staged a remarkable recovery, reaching $258. 44. The upward momentum aligns with a sharp increase in open interest, reflecting a surge in speculative trading activity and fresh inflows into Giggle Fund’s futures markets. Market Recovery and Trend Formation Giggle Fund’s price structure has turned bullish after reclaiming multiple technical levels. The rebound above $200 has placed the token firmly above all major exponential moving averages, suggesting short-term strength. The 20, 50, 100, and 200 EMA lines, ranging between $107 and $145, have started to slope upward. This alignment shows growing market confidence and potential continuation of the uptrend. Moreover, the 0. 618 Fibonacci retracement level around $147. 99 has transformed into strong support, providing a key defense for bulls. If Giggle Fund maintains its position above $200, analysts expect a possible retest of the $260 to $287 resistance zone. However, a drop below $152 could trigger renewed selling toward $126 or even $87. It jumped from $60 million in late October to $190 million by November 6. This increase indicates traders are re-entering the market aggressively, possibly positioning for another breakout. The correlation between the price recovery and rising open.