$BIGTIME /USDT

Looking at the chart you shared, here are some key technical aspects:

Descending Trendline Breakout: The price appears to have broken out of a descending trendline, indicating a potential shift in market sentiment from bearish to bullish. A breakout usually suggests that the price could move higher, particularly if there is strong volume behind it.

Change of Character (CHOCH): The chart marks a "CHOCH" signal, which typically indicates a shift in market structure. It signals a possible trend reversal from a downtrend to an uptrend.

Volume Increase: There is a noticeable spike in volume, which supports the breakout. Higher volume on breakouts typically indicates stronger conviction in the price movement.

Price Levels to Watch:

Resistance Zones: The shaded red area above, likely indicating a supply zone or resistance area, should be watched closely. If the price approaches this zone, it could face selling pressure. It corresponds to levels around $0.20 to $0.24.Support Zones: The blue shaded area below indicates demand or support around $0.11. This level might act as strong support in case of a pullback.

Current Price Action: The current price is around $0.154, with a recent high of $0.17928. It is in the early stages of a potential upward move, but it is close to previous resistance.

Technical Call:

Bullish Bias: Given the breakout from the descending trendline and the CHOCH signal, the bias is bullish. If the price sustains above the trendline, it could target the resistance zone around $0.20 to $0.22.Risk Management: If the price pulls back, watch for support around $0.14 or the demand zone around $0.11. Consider placing a stop loss below these levels to manage risk.