$BB Rejection at the Top, Bearish Retrace in Play....
$BB is trading at $0.1273, down 1.55% on the day after failing to sustain above the recent high of $0.1352. The sharp rejection from the peak and the emergence of consecutive red candles suggest weakening bullish momentum.
Short Entry Zone: $0.1270 – $0.1275
Stop Loss: Above $0.1295
Targets:
TP1: $0.1250
TP2: $0.1225
TP3: $0.1200 if selling pressure accelerates
If BB breaks below $0.1244 (24h low), the bearish move could deepen toward the $0.12 psychological support.