📈 Technical and market analysis for BTTC (BitTorrent New)
1. Overview of the current market (as of June 10, 2025):
- Current price:
- $0.000000716 (up +2.87% over 24 hours).
- 24-hour range: $0.000000694 (low) - $0.000000726 (high).
- Market cap:
- $697.9 million (ranked #130 globally).
- Trading volume (24 hours):
- $457.6 million, up 75.8%, indicating strong trading activity.
2. Key technical indicators:
- Oscillators and moving averages:
- Strong "buy" signal in the short term (daily and weekly charts) according to TradingView analysis.
- Short-term moving averages (10 and 20 days) provide support at $0.00000070.
- Support and resistance levels:
- Strong support: $0.00000068 (weekly low).
- Near resistance: $0.00000078 (March 2025 peak).
- Maximum resistance: $0.00000082 (February 2025 peak).
. Factors influencing the price:
- Technical developments:
- Launch of BTFS v2.1.0 (inter-chain interoperability support) may boost demand for the token.
- Token burns:
- 541 billion old tokens (BTTOLD) burned to increase scarcity.
- Market sentiment:
- Currently, the community trend is "optimistic" according to CoinGecko.
💎 Investment recommendation (valid until June 17, 2025):
. Entry points:
- Ideal entry:
- $0.00000070 - $0.00000072 (take advantage of pullbacks near support).
- Reason:
- Price is close to the 20-day moving average ($0.00000070), providing a low-risk entry point.
2. Take-Profit:
- First target (short-term):
- $0.00000078 (gains +8.5% from entry point).
- Reason: March 2025 resistance.
- Second target (weekly):
- $0.00000082 (gains +14.3% from entry point).
- Reason: February 2025 peak, reinforced by high trading volume.
3. Stop-Loss:
- $0.00000068 (potential loss -5.5% from entry point).
- Reason:
- Strong support level, breaking this price may indicate a bearish reversal.
📊 Summary recommendation table:
| Item | Value | Details |
----------
| Current price | $0.000000716 | [source:(BINANCE)
| Entry Point | $0.00000070 - 0.00000072 | Take advantage of pullbacks
| Target 1 | $0.00000078 | (+8.5%) |
| Target 2 | $0.00000082 | (+14.3%) |
| Stop-Loss | $0.00000068 | (-5.5%) |
4. Risk management:
- Risk/Reward ratio:
- 1:2 (acceptable for a weekly trade).
- Additional recommendations:
- Trade allocation: Allocate 70% to level $0.00000072 and 30% to $0.00000070.
- News monitoring: Follow BitTorrent's announcements regarding BTFS updates and exchange listings.
⚠️ Important warnings:
1. Market volatility:
- The token has decreased -29.38% over the year, and Bitcoin's volatility may affect its direction.
2. **Large trading volume:
- Increased volume may lead to "stop hunting" trades.
3. Expiration period:
- This trade is valid until June 17, 2025, only due to rapidly changing market conditions.
Summary:
My recommendation is to "Buy" on BTTC at **$0.00000070 - 0.00000072, with two profit-taking targets at $0.00000078 (partial) and $0.00000082 (full), and a stop-loss at 
$0.00000068**. This is based on:
- Strong technical signals (oscillators + moving averages).
- Improvement in project fundamentals (token burns + BTFS updates).
- High liquidity and high trading volume support the rise.
Go for the token from here $BTTC to continue Regards to good souls
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