Is BIGTIMEUSDT About to Breakout or Collapse? Yello, Paradisers! Are you ready to ride this wave, or is the storm brewing for #BIGTIMEUSDT?
💎#BIGTIMEUSDT has seen some solid momentum, breaking through market structure with a series of higher highs and higher lows. After forming a new higher high, the price retraced to the Fibonacci retracement zone between 0.61 and 0.68, which is now acting as a critical support area. Right now, BIGTIMEUSDT is hovering just above that level.
💎The Fibonacci zone (0.61-0.68) is holding steady for now and has probability to move upside from here. However, if price dips below the ascending support trendline, it could trigger a move towards the strong support zone between 0.1213 and 0.1187. Keep a close eye on this level.
💎On the upside, the pair will likely face resistance at several levels. The first minor resistance comes around 0.16665, while a more significant hurdle sits between 0.19 and 0.195. A breakout above these could signal a strong continuation of the current uptrend.
💎If we get a candle closing below the critical support at 0.1182, and the price forms a new lower low, this could signal a deeper pullback, flipping the structure to bearish.
For now, we are cautiously optimistic, as long as these key levels hold. Trade smart, keep your stops tight, and watch those support zones carefully! Stay disciplined, Paradisers, because this market can turn on a dime.
MyCryptoParadise
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