$GIGGLE is showing a textbook setup here. The pattern reveals repeated pushes higher, each followed by healthy pullbacks that find support above previous lows. Notice how each rally gets absorbed at increasingly higher levels—that's the key signal.

The important bit: those lower bounds keep strengthening. Every dip fails to penetrate the prior floor. This isn't distribution playing out; this is compression building. When price refuses to crack lower even on weak action, you're watching accumulation, not selling pressure. That's the distinction traders need to catch.