@BounceBit 📊 Chart Analysis (1D timeframe)
• Current Price: $0.1389 (down -5.38%)
• 24h Range: $0.1377 – $0.1481
• Major Support: $0.1230 → If broken, next support is near $0.0950
• Major Resistance: $0.1510 – $0.1520 → Strong supply zone, needs breakout for further upside
• All-time local low (recent): $0.0729
• All-time local high (recent): $0.2016
🔍 Indicators
• MA(5) vs MA(10): MA(5) slightly above MA(10), showing short-term recovery momentum.
• MACD: Very close to the signal line (neutral, waiting for direction).
• RSI (6/12/24): Around 48–53 → Neutral zone, no strong overbought/oversold signals.
• KDJ: K = 52.5, D = 48.6, J = 60.5 → Slight bullish bias but not strong.
⚖️ Sentiment
• Price is consolidating after a sharp correction from $0.20 → $0.07 and now stabilizing around $0.13–$0.15 range.
• Breakout above $0.151 could push toward $0.18+, while breakdown below $0.123 may retest $0.095–$0.072 zone.
📌 Trading Idea
• Short-term traders: Accumulate near $0.135–$0.125 with stop loss below $0.123.
• Breakout players: Entry only above $0.151 confirmation.
• Long-term investors: Dollar-cost averaging (DCA) works better since BB is still early and volatile.
Always DYOR ✅ and set a proper stop loss ⚠️.#BounceBitPrime $BB