BB Analysis: Bullish Trend Signals Post-Unlock 🚀

BounceBit ($BB) trades at $0.1541 USDT (MC $13.34M), up +3.26% (1h) but down -3.63% (24h). Despite recent token unlocks (44–49M BB, ~6.3% supply), strong TVL $311M and rising protocol fees ($1.18M in Aug) highlight solid fundamentals.

📊 Technical Snapshot (1h/4h):

RSI 49.6 | MFI 45 | CCI 39 → Neutral zone

ADX strong bullish | Parabolic SAR bullish

MACD bearish crossover (caution)

TD Sequential: 1 Up (early momentum)

Orderbook: Slight buy strength (10% depth ratio 1.17)

🔎 Trade Plan:

Entry: $0.154 (market) / $0.155 (breakout confirm)

Stop Loss: $0.150 (below support S1 $0.1509)

Take Profit: $0.16 / $0.18 / $0.20

⚡ Why It Matters:

Bitcoin restaking L1 with CeDeFi yield opportunities.

EVM-compatible → DeFi growth potential.

Undervalued: MC/TVL ratio ~0.04.

Analysts eye $0.50+ mid-term, $5–7 long-term (BTC cycle).

👉 Short-term: Watch breakout above $0.155 toward $0.18.

👉 Long-term: TVL growth + BTC narrative = strong upside.

Disclaimer: Not financial advice. DYOR & manage risk.

#BB #BounceBitPrime $BB @BounceBit #CryptoAnalysis #CeDeFi #BTCrestaking