š„Bouncebit $BB is about to pump hard and here is what you need to know šš
Current Price: $0.1055
24H Change: -6.06%
24H Low/High: $0.1052 / $0.1152
Volume: 39.98M BB | 4.41M USDT
Whatās Happening with BB Token?
BounceBit ($BB) has been under selling pressure since March, falling from a high of $0.3724 all the way to $0.0729. But the chart is now showing signs of bottoming out and building a potential reversal!
Support & Resistance
Support: $0.0729 (strong double-bottom)
Current Price Zone: $0.1055 (psychological level)
Resistance: $0.1181 (EMA99) & $0.1238
š Moving Averages
EMA(7) = $0.1106 ā
EMA(25) = $0.1067 ā
EMA(99) = $0.1181 ā
BB is trading above short EMAs but below the long-term EMA, showing early signs of recovery ā but bulls need to push above $0.118 for confirmation.
MACD Momentum
MACD: Flattening near zero
No strong bullish or bearish trend ā market is in neutral consolidation mode.
Volume spiked in mid-May and July, signaling smart accumulation.
Recent volume is low ā watch for a surge as a breakout signal!
Bullish Scenario:
Break above $0.118 (EMA99) with high volume could send BB towards $0.13 ā $0.15 range.
Bearish Scenario:
Drop below $0.10 could drag BB back toward $0.0729 support zone.
Trading Tips
Short-Term Traders:
Play the $0.10ā$0.12 range with tight stop-losses and watch for volume.
Swing Traders:
Look for breakout above $0.118 to enter with stop-loss near $0.098.
Long-Term Holders:
The $0.07ā$0.10 zone remains a solid accumulation area if you believe in BBās CeDeFi future.
Remember to follow and like please