$BB /USDT: Breaking Out or Just a Bounce?
BounceBit is showing early signs of life after months of sideways grind.
Today’s price action: +6.32% pump—but can it sustain?
Current Price: 0.1178 USDT
Moving Averages:
MA20: 0.1100 ✅ Short-term momentum
MA50: 0.1054 ✅ Holding above support
MA200: 0.0891 🔥 Mid-term reversal confirmed
Targets:
🥇 Target 1: 0.1400 – First resistance zone
🥈 Target 2: 0.1650 – Previous key supply level
🥉 Target 3: 0.2000 – Major psychological barrier 🚀
Stop Loss:
Below 0.1000 USDT to manage downside risk 🔻
Summary:
BB/USDT is forming a potential trend reversal after reclaiming the 200 MA.
If momentum holds, targets are realistic—but liquidity is key.
Watch volume + Bitcoin trend for confirmation.
⚠️ This is a speculative trade setup, not financial advice. DYOR.