$BIGTIME /USDT – Short Setup on Fading Rally
Current Price: 0.07283 (+0.51%)
Timeframe: 5M
Market Structure:
After a steep decline, $BIGTIME is showing a sluggish bounce with diminishing momentum and lower highs, signaling a potential short setup.
Key Levels:
• Resistance: 0.07380
• Support: 0.07000
• 5M Range: 0.07000 – 0.07400
Short Trade Setup:
• Entry Zone: 0.07300 – 0.07370
• Targets: 0.07120 / 0.07030
• Stop Loss: 0.07460
Market Insight:
The bounce appears weak unless $BIGTIME decisively breaks above 0.07400 with strong volume. Current price action, with lower highs and low buying pressure, supports a bearish outlook.
Pro Tip:
Watch for rejection candles or bearish patterns near 0.07350 to confirm short entries. Once price dips below 0.071, consider trailing stops to lock in gains.
Stay Sharp:
Don’t get lured by the bounce – fade it with precision!
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