$BB Breakdown Threat or Base Formation?
BB is trading at $0.0985, posting a sharp -9.72% drop with price clinging to local support near $0.0980. The selloff appears controlled for now, but any further weakness could break the structure wide open.
Key Levels to Watch:
• Resistance Zone: $0.1005
A break above could open room to $0.1030 and $0.1055.
• Support Zone: $0.0980
Breaching this level may drive price lower toward $0.0960 and $0.0930.
Trade Setup:
Bullish Entry: Above $0.1005
• Target 1: $0.1030
• Target 2: $0.1055
Bearish Entry: Below $0.0980
• Target 1: $0.0960
• Target 2: $0.0930
BB is in a danger zone. A bounce from $0.0980 could trigger a relief rally, but if this support snaps, expect a fast slide. Stay alert and trade the confirmation.