$BB – BEARISH PRESSURE BUILDS, SELLERS TAKING CONTROL
$BB has failed to reclaim the 0.1361 resistance after a short-lived bounce, with sellers defending this zone aggressively. The recent rejection and lower highs signal weakening buying momentum, while volume spikes on red candles indicate distribution. If price loses the 0.1309 support, a drop towards 0.1269 and potentially 0.1240 could follow.
Trade Setup (Short):
Entry: 0.1350 – 0.1360
Targets: TP1 0.1309, TP2 0.1269
Stop Loss: 0.1380
Outlook: Unless bulls break and sustain above 0.1361, bears are likely to maintain control, pushing price lower in the short term.