The current status The current price ranges between $0.120–$0.122 on platforms like Binance and Coinbase, with an increase of about +7% over the past 24 hours and rising about 60% over the last month. The Fear & Greed Index shows a value of 73 (greed), while the Sentiment rating is considered 'neutral'. The simple moving average (SMA) for 50 days is approximately $0.0986, and for 200 days it is approximately $0.174. The current price is below the 200-day SMA, indicating a long-term downward trend. --- 🔧 Technical indicators (from TradingView) Overall rating: 'Strong Buy' based on MAs, while the weekly rating is 'neutral', and the monthly rating gives a 'sell' signal. Oscillators: show an overall 'buy' rating with balanced pressure from neutral and sell signals as well. Moving averages: show 'strong buy' results, while the intermediate moving averages show negative stability over a longer period. --- 🕒 Short-term price movements Professional analysis for the BB/USDT pair — from AInvest: We witnessed a bullish surge above the $0.1205 level, reaching $0.1225, but it did not hold, indicating strong resistance around this range. A support zone is forming at $0.1180–$0.1185 and has resisted repeated downward movement. A Bearish engulfing pattern and Doji near $0.1190–$0.1195 indicate volatility and uncertainty and possibly a short-term reversal. The RSI has become overbought (above 70) but did not hold, indicating bearish divergence and loss of upward momentum. The MACD is negative now, reinforcing a cautious outlook. Bollinger Bands: the price closed near the lower bound after expanding during the rise and then contracting, suggesting a correction or a consolidation period. Fibonacci levels provide support at 38% ($0.1195), both of which were recently tested. --- 📊 Technical trend summary Timeframe Current technical trend Comments Short-term (days) Consolidation between $0.1180 – $0.1205 Testing support and resistance, increasing volatility Medium-term (1–4 weeks) Neutral to slightly bearish Price is below moving averages Long-term (1–12 months) Potential negativity Price is much lower than the 200-day SMA --- 🎯 Future predictions – based on forecasts Sites like CoinCodex predict a price drop over the next month to $0.091–$0.093 (~‑25%) by August 2025. In the long term (2026–2030), forecasts range from a slight downward trajectory to a gradual rise that could push the price to an annual average of $0.184 in 2026 and reaching $0.34 in 2030 (conditional on an overall market improvement). --- ✅ Recommendation For short-term traders: wait for a break of support at $0.1180 or a breakout of resistance at $0.1225 with volume support. Confirmation of momentum is essential. For medium to long-term investors: the current ambiguity suggests careful evaluation before entering, especially since the price is near their moving averages and their results are conflicting. Do not rely solely on technical analysis. It is preferable to integrate fundamental factors such as network activity, technical updates, and general adoption before making a final decision. 📌 Summary The current technical condition is generally neutral to bearish with a chance of correction. The price is expected to oscillate within the range of $0.118–$0.122 in the coming days. It may trend down to $0.091 over the next weeks if selling pressure persists. In the long term, any growth depends entirely on developments on the BounceBit platform and the overall market landscape. $BB