@BounceBit #BounceBitPrime $BB
📊 BB/USDT Analysis (1D, Binance)
📐 Technical Picture:
A narrowing triangle (wedge) pattern has formed on the chart.
Recently, there was an upward breakout with momentum to $0.15, but now it is returning to the breakout zone.
The price is above key MAs (7/25/99) — locally a bullish signal.
Parabolic SAR remains below the price → support for the upward momentum.
Ichimoku Cloud — breakout and consolidation above it, but the candle is testing the upper boundary.
📌 Key Levels:
Support: $0.120 – $0.125 (breakout zone)
Resistance: $0.150 – $0.155
If the price holds above $0.155 — target $0.18 – $0.20
Scenarios:
🟢 Bullish:
Bounce from $0.12–$0.125 and return to $0.15 → breakout gives a chance for $0.18+ 🚀
🔴 Bearish:
Consolidation below $0.12 → return to the range of $0.105 – $0.095 ⚠️
✅ Conclusion:
BB has emerged from a prolonged consolidation. The market is currently testing the breakout zone. If it holds at $0.12, there remains a chance for continued growth, but losing this zone will break the bullish scenario.