BounceBit ($BB) Bulls Regain Control — Buyers Target $0.1330 Breakout Zone
$BB is gaining momentum once again, currently trading at $0.1286, up by 13.01% in the last 24 hours. The token is showing solid recovery after a recent dip to $0.1134, signaling that buyers are stepping back in at lower price levels. With the 24h high at $0.1339, market sentiment appears to be shifting from cautious to optimistic.
The 15-minute chart highlights a strong bounce from $0.1264, supported by growing volume and a Parabolic SAR reversal — a clear indication that bullish momentum is building. The candles have started forming higher lows, suggesting that sellers are losing grip while buyers are gaining control. If the price manages to close above $0.1310, a breakout toward $0.1360–$0.1400 could occur in the short term.
Technically, both MA(5) and MA(10) are aligning for a crossover, typically signaling a near-term uptrend. The volume pattern also confirms active accumulation, which could push the market toward a stronger continuation phase. Short-term traders are likely to monitor the $0.1250 zone as the key support level — a critical area where buying pressure has repeatedly returned.
However, despite today’s bullish momentum, it’s important to note that BB remains down by 34% in 7 days, showing that volatility is still high. A sustained close above $0.1300 could help solidify the bullish trend and attract more confidence-driven entries.