$BB /USDT - Rounded Bottom Setup
Loading up on $BB in Spot! MO! Current Price: $0.0948 (-2.36%) The price is forming a classic rounded bottom pattern near a critical support zone (~$0.085), signaling a potential trend reversal after an extended downtrend.
Breakout Targets:
Target 1: $0.22 — aligns with prior mid-range resistance.
Target 2: $0.58 — tests the key distribution zone from earlier highs. Bullish Indicators: Weekly RSI showing early signs of bullish divergence.
Price holding firm above a strong historical support level.
Invalidation Point:
A weekly close below $0.08 would negate the rounded bottom pattern.
Tip: Rounded bottoms on higher timeframes can spark major rallies. Keep an eye on a weekly close above ~$0.15 to confirm bullish momentum.
