📉 #BGB Short-Term Scenarios (Next 1–3 Days)
---
✅ Bullish Scenario (📈 Bounce from Oversold Zone)
If RSI oversold levels trigger a short-covering rally:
🚀 Bounce Target: $4.20 – $4.35 (🟡 MA(5) and 🔴 MA(10) resistance)
🔥 Stronger Rally: Only likely if price breaks above $4.50 (🟣 MA(20))
---
⚠️ Bearish Continuation (📉 If Support Fails)
If price breaks below $3.91 again:
🔻 Support Levels: $3.80 → $3.60
📉 Trend: Still bearish unless a bullish candle closes above MA(5)
---
📌 Conclusion
📊 The chart is deep in a bearish phase, but RSI levels suggest a possible short-term bounce.
⏳ Caution: Trend traders should wait for confirmation above $4.20–$4.35 before entering long positions.
