š„ $BB /USDT ā@BounceBit Bulls Eyeing a Strong Reversal š„
š Market Sentiment:
After a sharp pullback to $0.1242, buyers are stepping in and forming a potential reversal base. Momentum indicators hint at an early accumulation phase before a possible bullish push.
š Key Levels:
Support Zone: $0.1240 ā $0.1260 (defense area for bulls)
Breakout Trigger: $0.1290 ā $0.1315
Major Resistance: $0.1347 ā $0.1368
š” Trade Setup:
Watch for a decisive breakout above $0.1290 on high volume. A confirmed close above $0.1315 would strengthen the bullish case and open the door for higher price targets.
šÆ Upside Targets:
1ļøā£ $0.1315 ā First reaction level
2ļøā£ $0.1347 ā Key resistance
3ļøā£ $0.1368+ ā Full breakout potential
š” Stop Loss:
Set SL below $0.1235 to protect capital in case of fakeouts.
ā ļø Risk Management:
Enter only on confirmed breakouts, and keep risk per trade at max 3% of portfolio.
š Bullish Outlook:
If bulls defend $0.1240 and pierce through $0.1315, we could see a short-term rally back toward recent highs. Momentum may accelerate quickly once $0.1347 breaks.
