Stuck here? Puzzled, I'll give up and let go

I believe the answer is:

gluepot

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'stuck here? puzzled i'll' is the definition.
The definition suggests a singular noun which matches the answer.

'give up and let go' is the wordplay.
'give' is an anagram indicator (I've seen 'giving' mean this (the letters give the letters for another word)).
'and' is a charade indicator (letters next to each other) (I've seen this in other clues).
'let'+'go'='letgo'
'up' after 'letgo' is 'letgoup'.
'letgoup' with letters rearranged gives 'GLUEPOT'.

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I've seen this clue in The Telegraph.

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