📊 BB/USDT: Breakout from the triangle and testing the resistance zone 🚀
The price of BB/USDT has broken out of a contracting triangle 🔺 with a strong upward momentum 💥, piercing through key resistance around $0.12–$0.1271. There is currently a pullback 📉, which could become a retest of the broken resistance line as support 🔄.
Indicators:
Ichimoku — price above the cloud ☁️, bullish signal.
MA 7, 25, 99 — short-term trend above the average lines 📈.
Parabolic SAR — points below the price indicate an upward trend 📍.
Important support: $0.1200 🛡️
Target upon confirmation above: $0.14–$0.16 🎯
⚠️ Risk: if the price breaks down below $0.12, a return to the triangle is possible.