@BounceBit #BounceBitPrime $BB
📊 Analysis BB/USDT
The active BounceBit (BB) continues to move in a bullish channel 📈, where the price is testing the upper boundary of the trend formation. After a recent impulse, growth has slowed down, and the asset is correcting from the level of $0.167 → current price $0.1587 🔻. Support is forming around $0.144–0.137, while a stronger level is at $0.1180 ⚒️.
Technical indicators:
Moving averages MA7 and MA25 are below the price ➡️ bullish signal.
Ichimoku indicates a breakout from the cloud, confirming a trend change to bullish ☁️➡️☀️.
SAR remains below the price, indicating a continuation of the uptrend.
🪙 Fundamental: BounceBit is a BTC restaking chain with a unique CeDeFi model (combining CeFi and DeFi). The project provides Bitcoin holders the opportunity to earn income from multiple sources — staking, liquidity, and integration with the Web3 ecosystem. This enhances the asset's attractiveness for long-term investors, especially amid growing interest in restaking and DeFi innovations 🔗.
⚠️ Risks: possible breakout downwards from the channel during a market correction.
🚀 Outlook: if it consolidates above $0.167, the asset can test the zone of $0.18–0.20.
Total: the trend is bullish, but it is worth considering corrections before further growth 📈✨.
