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GIGAWETH_65B9AD.USD trade ideas

GIGA buy-in zoneGIGA has been consolidating arquably in this downward slope and is now meeting a weekly support area(purple) and getting close to trend support line(blue). There is a fvg(fair value gap) below the weekly support and wouldn't be surprised if this is to be filled before possibly continuing to the upside. Also, a douple top has been formed in 8h and MACD has printed bearish divergence, not to be overlooked. What do I expect here, is possibly some sort of quick liquidity sweep to fill the open fvg and then resume higher according to the trend. If we close below the blue trend line and spend more time there, we have to argue that the trend might be broken and re-evaluate. I am looking into further correction if the low range of volume profile(white line) gets broken and fails as a support to the price. Overall, I remain very bullish for the long run and these lower prices presents very good buying opportunities.
Long
by ImBaBu
1
Gigachad (GIGA) Soars 268% Amidst Major Listing Gigachad ( BME:GIGA ), the latest memecoin sensation on the Solana network, has made waves in the crypto market, surging 268% amid major exchange listings. Announcements from Coinbase and KuCoin propelled GIGA into the spotlight, reflecting the growing influence of meme coins in mainstream trading platforms. Let's break down the fundamental and technical factors driving this explosive growth. Fundamental Insights 1. Major Exchange Backing The primary catalyst for GIGA's impressive surge was the dual announcement from Coinbase and KuCoin. Coinbase added GIGA to its roadmap, and KuCoin listed the GIGA/USDT pair, signaling strong institutional interest. These platforms significantly increase a token's visibility and credibility, often attracting a surge in trading volume and investor interest. 2. Market Sentiment and Meme Coin Momentum GIGA’s rise isn't an isolated event. It's part of a broader trend where exchanges are aggressively expanding their meme coin portfolios. Coinbase's inclusion of tokens like MOG Coin and Moo Deng underscores this strategy, tapping into the growing demand for community-driven projects. Meme coins have proven their staying power, with listings often followed by rapid price appreciation due to their viral nature. 3. Community and Vision GIGA isn't just a token; it's a community-driven project promoting self-improvement and discipline. Inspired by the "Giga Chad" meme, it aims to foster a culture of personal growth. This unique value proposition resonates with a broad audience, giving GIGA more than just speculative appeal. Technical Outlook As of this analysis, BME:GIGA has retraced from its peak and is up 29% in the past 24 hours. Such retracements are common after significant surges, indicating healthy market corrections rather than a decline. Currently, GIGA’s RSI stands at 59, suggesting that it is neither overbought nor oversold. This positioning indicates room for another upward move, especially if buying volume increases. Traders often view RSI levels between 50 and 70 as signals of strong momentum, with potential for further gains. After its initial breakout, BME:GIGA has established new support around its retracement zone. If the price holds above this level, it could signal the start of a new bullish wave. Key resistance levels will be crucial to watch, especially as investor interest continues to grow following the listing announcements. Impact on the Broader Market: Meme Coins Take Center Stage GIGA’s performance underscores a larger trend: meme coins are becoming a critical part of the crypto ecosystem. Platforms like Coinbase are not just acknowledging this trend but actively participating, reflecting a shift in market dynamics where community-driven tokens hold significant value. Other meme coins like Turbo (TURBO) and Moo Deng (MOODENG) have also experienced substantial gains post-listing, indicating a broader bullish sentiment in this niche. Investor Considerations: What’s Next for GIGA? While GIGA shows promising potential, investors should approach with caution. The memecoin market is volatile, and while major listings provide legitimacy, thorough research and a clear strategy are essential. GIGA's strong community and clear vision set it apart, but its price movements will likely continue to be influenced by broader market trends and investor sentiment. Conclusion Gigachad ( BME:GIGA ) has emerged as a formidable player in the meme coin market, fueled by strategic exchange listings and a compelling community narrative. With solid technical indicators and strong fundamental support, GIGA’s journey is one to watch closely. As the meme coin market evolves, GIGA's focus on self-improvement and community engagement might just set it apart from the crowd.
Long
by DEXWireNews
$GIGA: The Rise of the Giga Chad Meme Coin on SolanaIn the ever-evolving world of cryptocurrency, where memecoins often attract speculators and enthusiasts alike, BME:GIGA stands out as the new contender aiming for the top. Built on the Solana blockchain, BME:GIGA positions itself as more than just another memecoin. It's inspired by the Giga Chad meme—a symbol of self-improvement and discipline—and has garnered significant attention from the crypto community. Whale Moves and the Growing Memecoin Market The memecoin sector has recently seen explosive growth, with a 36% surge in market capitalization, rising from $41.49 billion to $56.46 billion in just 30 days. Memecoins such as DOGE, SHIB, and PEPE might not be regaining their earlier momentum, but new entrants like BME:GIGA , alongside GOAT and FWOG, are seizing the spotlight. One of the most significant moments in BME:GIGA ’s recent history was a whale movement involving a $5.46 million investment in memecoins, including $GIGA. The whale allocated 11,750 SOL (around $1.96 million) to purchase 31.71 million GIGA tokens at an average price of $0.062. This move, noted by blockchain monitoring service Lookonchain, signals increasing confidence in BME:GIGA ’s potential. The Giga Chad Movement BME:GIGA isn't just about profits; it draws its philosophy from the Giga Chad meme, which emphasizes self-discipline, time management, and personal growth. This foundational ethos resonates within its community, where members strive to improve themselves and inspire others around them. Beyond its meme origins, BME:GIGA has captured mainstream attention thanks to endorsements from notable figures like Ernest Khalimov, the face of the Giga Chad meme, and bodybuilder Mike O’Hearn. These endorsements have been particularly influential on social media, contributing to price spikes and further embedding BME:GIGA into the fitness and sports culture. The coin's association with Giga Fitness solidifies this unique blend of meme culture and fitness, making BME:GIGA stand out in a crowded marketplace. Price Movement and Market Sentiment As of now, BME:GIGA is trading at $0.0615, with a 24-hour volume of over $11 million, showing strong market interest. The memecoin has also climbed by 8.06% in the past 24 hours, pushing its market cap to $572 million, securing its position at #210 on CoinMarketCap. Technical Analysis: Is There More Growth Ahead? On the technical side, BME:GIGA is currently navigating a critical resistance level, struggling to break past the $0.077 pivot point. Despite this, the coin remains bullish with its Relative Strength Index (RSI) sitting at 63, suggesting more upside potential. However, to reach its next significant resistance level, a substantial influx of volume will be necessary. Immediate support is found at $0.048, a level that has held strong during market pullbacks. With BME:GIGA trading above key moving averages, its recent bullish spark has been sustained. Should the broader memecoin market remain heated, BME:GIGA could see further gains in the short term. Final Thoughts While BME:GIGA ’s association with high-profile figures and its growing community make it an attractive investment in the short term, its long-term potential hinges on its ability to maintain momentum and evolve beyond its meme origins. Like most memecoins, BME:GIGA thrives on social media hype, and its continued success will depend on sustaining that buzz while delivering real-world value. For traders, BME:GIGA offers an exciting opportunity, particularly for those who can navigate the volatility of the memecoin market. With technical indicators pointing towards a possible surge and growing whale interest, BME:GIGA could be primed for more upside in the coming weeks.
Long
by DEXWireNews
Memecoin Idea $GIGAWith Altcoins providing poor performance and memecoins stealing the overarching narrative of the cycle, I am betting that the Gigachad memecoin is the best r/r at the moment: It is completely organic and free of any overhanging supply It is arguably the most famous and influential meme of all time The real Gigachad himself (Ernest Khalimov) has endorsed this coin along with other famous celebrities such as Mike O'hearn & Paulo Costa (UFC) It is yet to be listed on any notable exchanges so many bullish catalysts on the way. Price discovery first and if CRYPTOCAP:BTC CRYPTOCAP:ETH and CRYPTOCAP:SOL keep pumping alongside GETTEX:PEPE then I think this goes parabolic and a clean 10x from here is in the cards
Long
by musk3000
2