/USDT - Weak rebound after sharp decline, and sellers are still in control
The price of $BIGTIME continues to trade under pressure after a sharp drop from $0.08213 to a low of $0.07958. The fifteen-minute chart shows a slight rebound attempt, but this recovery lacks trading volume and strength, indicating the potential for a continued downward trend.
Market Overview:
Current Price: $0.08038
24-Hour High: $0.08309
24-Hour Low: $0.07958
Trading Volume ($BIGTIME): $35.12 million
Trading Volume (USDT): $2.85 million
Technical Analysis:
The price is currently experiencing lower highs and lower lows, with a clear downward trend. Unless BIGTIME regains the $0.0815 level with strong momentum, the bearish outlook remains. A drop below $0.0795 could lead to further declines.
Trade Setup:
Entry Zone: $0.08050 - $0.08100
Target 1: $0.07920
Target 2: $0.07800
Final Target: $0.07620
Stop Loss: $0.08240
The momentum remains bearish - let the trend guide the trade setup.
BIGTIME/USDT Pair - Weak rebound after sharp decline, and sellers are still in control
#BinanceHODLerSTO #BTCRebound #StrategicBTCReserve #BinanceAlphaAlert