Is it reasonable for a project like BounceBit to be at this price? 👀
Currency $BB shows signs of stability after a long decline, and we may be in a phase of accumulation before a new rise!
🔸 About the Project:
@BounceBit is a Restaking series built on $BTC, operating within a CeDeFi system that integrates liquidity and regulation.
The BounceBit Prime project opens doors for users to access real institutional yields (RWA) in collaboration with giants like BlackRock and Franklin Templeton.
🔸 Technical Analysis:
📍 Current price: $0.10
📉 From the highest price of $0.87, the currency has corrected significantly, but
✅ Currently moving in a stable horizontal pattern
✅ RSI Indicator = 45 ➤ Neutral zone and could act as support to form a price bottom
✅ We are no longer seeing new lows ➤ Early signals for forming a solid base
🧠 BounceBit is not a new currency, but it has strong fundamentals and significant institutional support, and the market may not ignore that for long.
Will $BB be a surprise in the next cycle? 🚀
