$BB
🔥 (BB/USDT on Binance), here's a technical analysis, including support/resistance levels and a trade suggestion:
Current Overview
Current Price: $0.1122
Change: +13.45%
High: $0.1144
Volume Spike: Noticeable volume surge — suggests strong interest or accumulation.
MA(5) & MA(10): Price is currently above both moving averages (yellow and pink lines), indicating bullish momentum.
Support & Resistance Levels
Resistance:
$0.1144 – The most recent local high; price rejected this level a couple of times.
Support:
$0.1076 – Strong support near recent consolidation and MA(10).
$0.0999 – Previous resistance turned support, aligns with earlier breakout level.
Trade Setup
Bullish Scenario:
Entry Point: $0.1110–$0.1120 (on a minor dip or continuation confirmation).
Target 1: $0.1144 (test recent high).
Target 2: $0.1180–$0.1200 (if breakout continues with volume).
Stop-Loss: Below $0.1075 (recent support and MA confluence).
Bearish Rejection Scenario:
If price fails to break $0.1144 again with volume fading:
Short Entry: Near $0.1140–$0.1144.
Target: $0.1075.
Stop-Loss: Above $0.1155.
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Other Notes:
Volume is increasing on green candles — bullish sign.
Keep an eye on RSI and MACD (not shown here) for momentum confirmation.
The setup favors bulls right now, but a clean break and close above $0.1144 with strong volume is key for further upside.
Would you like this chart marked with support/resistance and entry/exit points? I can annotate it for you. #WhaleMovements