$BYTE, a low-cap meme coin, experienced a significant surge following a mention by the tech giant and Starlink owner on Twitter.
Despite a downtrend since reaching its ATH of $0.00006500 on March 08, $BYTE saw a bullish revival in the last 48 hours, with a price increase of 159%.
The recent bull run is evidenced by three consecutive green candles, signaling a potential shift from the previous pullback phase observed in May.
Analysis based on Fibonacci levels indicates that BYTE is currently hovering near the 23.60% level, suggesting a possible continuation of the uptrend.
According to Coin Gabbar analysis, If the momentum persists, BYTE could potentially reach the $0.00003420 mark, corresponding to the 50% Fibonacci level.
KEY LEVELS :
RESISTANCE LEVEL : $0.00002750-$0.00004000
SUPPORT LEVEL : $0.00001000-$0.00000250
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