$BTR — MODEST REBOUND FACES CRITICAL RESISTANCE AT +4.61%
BTR token is attempting a recovery, trading at $0.027523, up +4.61%. Wallet 0xfed1...d75c51 is providing buy-side support.
CRITICAL DATA:
· Market Cap: $7.20M
· On-Chain Liquidity: $325,490 — very thin, high volatility expected.
· On-Chain Holders: 37,825 — a sizable community.
· Fully Diluted Value (FDV): $27.52M — a substantial 3.8x overhang versus market cap, a major long-term headwind.
TECHNICAL PICTURE:
· Price is trading JUST BELOW the critical 25-day moving average (MA25: $0.027570), which is acting as immediate and powerful resistance.
· It has reclaimed the 7-day moving average (MA7: $0.026511), now acting as support.
· The token remains well below the dominant 99-day moving average (MA99: $0.031892), confirming the broader trend is still bearish.
· Volume at 165,009 BTR is roughly in line with recent averages, showing no significant surge in buying pressure.
VERDICT: This is a technically precarious bounce. While holding the MA7 is a positive, the MA25 overhead represents a major hurdle. The immense FDV overhang adds persistent sell pressure. A successful break and hold above $0.02757** (MA25) could target **$0.02885, but failure here would likely see a retest of the MA7 support near $0.02651. With liquidity extremely thin, any move could be exaggerated.
A test of a major moving average resistance. The next candle will signal whether this bounce has conviction or is just a pause in the downtrend
#USJobsData #BinanceBlockchainWeek #WriteToEarnUpgrade #BinanceAlphaAlert #MemeCoinETFs


