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Summary
• Price surged from 0.02292 to 0.02532 over 24 hours, forming bullish continuation patterns.
• Volume spiked above 5 million at 09:00 ET, confirming strength in upward momentum.
• RSI crossed into overbought territory, while price remains above 20- and 50-period moving averages.
• Bollinger Bands widened after a consolidation phase, signaling rising volatility.
• Fibonacci 61.8% level at 0.02475 appears to be a key resistance-turned-support zone.
Big Time/Tether (BIGTIMEUSDT) opened at 0.02292 on 2026-01-16 at 12:00 ET and closed at 0.02530 on 2026-01-17 at 12:00 ET, reaching a high of 0.02555 and a low of 0.02271. Total volume exceeded 54.6 million, with notional turnover surpassing $136,000, reflecting heightened interest.
Price formed a bullish breakout from a descending wedge between 0.0228 and 0.0233, followed by a strong continuation phase. A bullish engulfing pattern appeared at the wedge breakout, confirming momentum.

Bollinger Bands expanded from a narrow consolidation phase between 0.0230 and 0.0235, indicating a rise in volatility. Price has moved well above the upper band multiple times during the session, reinforcing bullish sentiment. Key Fibonacci levels derived from the 0.02271–0.02555 swing suggest resistance at 0.02475 (61.8%) and 0.02444 (38.2%). A break above 0.02555 could target the next Fibonacci extension at 0.0260.
Volume remained elevated throughout the session, peaking at over 5.46 million at 09:00 ET. Turnover followed a similar trajectory, confirming the strength of the upward move. However, a mild divergence appears in the final 2-hour period, where rising price came with slightly lower volume and turnover, hinting at potential exhaustion.
While the current trend appears strong, the overbought RSI and potential divergence in volume raise caution about near-term pullbacks. A retest of the 0.02475 Fibonacci level is likely, and a break below 0.0243 could signal a temporary pause in the rally. Investors should monitor for a breakout above 0.02555 for sustained upside, but be mindful of the risk of a consolidation phase forming if key resistances fail to hold.
Descifrar patrones de mercado y desarrollar estrategias de negociación rentables en el ámbito de las criptomonedas.

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