🚀 Technical Analysis of BIGTIME/USDT: Is the Market Ready for a New Impulse?
📊 Market Overview
Currently, BIGTIME/USDT is trading around $0.0643, showing a daily decline of 5.3–5.5%. Despite the local drop, the daily chart (1D) shows signs of forming a reversal structure after a prolonged downtrend from the peak of $0.2495. The key support at $0.0406 has triggered the current recovery attempt.
1️⃣ Long-Term Analysis (1D)
📈 EMA (7) = 0.0655 > EMA (25) = 0.0602 > EMA (99) = 0.0633.
Short-term and mid-term EMAs indicate a possible bullish reversal. The price is holding above EMA(25) and testing EMA(99), which could signal a further upward movement.
💡 RSI (6) = 51.6. Neutral zone, leaving room for potential growth.
💡 MACD: DIF and DEA are positive but converging, which signals slowing momentum.
Conclusion: The long-term trend is preparing for a reversal, but a breakout of $0.070–$0.075 is necessary for confirmation.
2️⃣ Mid-Term Analysis (4H)
📈 EMA (7) = 0.0675 > EMA (25) = 0.0670 > EMA (99) = 0.0616.
Mid-term trend remains bullish, but the price has dropped below EMA(7), indicating a correction.
🟡 RSI (6) = 25.1. Close to the oversold zone, a bounce is likely.
📉 MACD = -0.00068. A bearish signal, showing weakening momentum.
Conclusion: The market is retracing from $0.0757 toward $0.061–$0.062 support.
3️⃣ Short-Term Analysis (1H)
📈 EMA (7) = 0.0667 > EMA (25) = 0.0681 > EMA (99) = 0.0671.
EMAs have crossed downward, confirming the correction.
🔽 RSI (6) = 12.3. Strong oversold condition — a sharp bounce may follow soon.
📉 MACD = -0.00045. Bearish signal is close to exhaustion.
Conclusion: On 1H, the market is ready for a technical rebound once RSI moves above 20.
🔑 Key Levels
Support: $0.062 – $0.061.
Resistance: $0.070 – $0.075.
Target if $0.075 breaks: $0.09 – $0.10.
🎯 Trading Recommendations
🟢 Long: Consider entries around $0.062–$0.064 if reversal signals appear on lower timeframes.
💵 Take Profit: Partial profit near $0.070–$0.075, keep the rest for $0.09–$0.10.
😀 Short: Only if price falls below $0.061 with a target of $0.055.
💬 Conclusion:
BIGTIME shows signs of bottoming out and preparing for a new bullish impulse. The $0.062–$0.064 zone is key for buyers. A breakout above $0.075 will open the road to higher targets.
$BIGTIME #long 👇
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