*$BB SHORT Analysis
$BB is currently trading at $0.1256, down 1.2.55% for the day. After failing to hold above its recent high of $0.1352, "BB" faced sharp rejection, leading to red candles. This suggests weakening bullish momentum and potential for further decline.
*Key Levels:*
- *Short Entry Zone:* $0.1250- $0.1260
- *Stop Loss:* Above $0.1300
- *Targets:*
1. $0.1244
2. $0.1220
3. $0.1175 (if selling pressure increases)
*Bearish Scenario:*
If $BB breaks below $0.1244 (24h low), the decline could deepen towards the $0.12 psychological support level. Traders should monitor this level closely for potential further downside. Use stop-loss to secure your gains.