$BB /USDT 4H Trade Setup
Market Insight:
$BB is showing a slight pullback of -0.73%, currently trading at $0.1362, just off its 24h high of $0.1392. Volume remains strong at 59.16M BB tokens (7.86M USDT), indicating decent market interest. The moving averages (MA5 and MA10) are positioned above current price, suggesting some short-term bearish pressure but potential for support near these levels.
Entry Zone:
Look to enter long on a dip between $0.132 - $0.136 near recent support and moving average clusters.
Targets:
Target 1: $0.139 (24h high resistance)
Target 2: $0.145 (next resistance)
Target 3: $0.149 (recent swing high)
Stop Loss:
Place stop loss below recent low at $0.127 to manage downside risk.
Key Levels:
Support: $0.127, $0.130, $0.132
Resistance: $0.139, $0.145, $0.149
Pivot: Around $0.136 (current price)
Pro Tip:
Watch for a rebound with increasing volume as confirmation to enter. Avoid entering during volume dry-ups or heavy sell-off candles.
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