#BounceBitPrime and $BB @BounceBit
$BB has shown its first meaningful bounce after hitting a local bottom at $0.0896, forming a higher low on the 4H timeframe. It has now reclaimed both the MA(7) and MA(25) — an early indicator that the short-term trend is shifting.
Current price: $0.0988, holding steady above key short-term supports. Buyer dominance is at 61.75%, showing strong interest at lower levels. If price can sustain above $0.0972 (MA25) and break above $0.1024, we could see momentum carry it toward $0.1096 (MA99) — a significant resistance and trend-defining level.
Volume remains stable, and the MACD histogram is flattening, indicating a potential cross. RSI is recovering from oversold levels, currently trending upward.
If bulls push above $0.102, we may witness the beginning of a mid-term reversal. However, failure to hold above $0.096 could lead to a retest of the $0.089 support
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