$BB Showing Signs of Bottoming — Watch for Reversal Confirmation
After a week of consistent selling, $BB/USDT is showing signs of forming a bottom near $0.1343. The Parabolic SAR (0.1331) sits right below price action, hinting that a trend reversal may be close. With the MA(5) and MA(10) nearing a crossover, traders are now on alert for a shift in market sentiment.
Price movement between $0.1328 and $0.136 reflects tight consolidation, which often precedes a directional breakout. If the bulls manage to push above $0.138, momentum could accelerate quickly toward $0.144–$0.147.
In the short term, volume remains light, suggesting that big traders are waiting for confirmation candles. However, long-term data tells a different story — BB remains up 20.02% over 90 days and 34.43% over 180 days, proving its durability even during retracements.
If BB continues to hold above $0.133, it may confirm a new support zone, setting the stage for a recovery rally. Traders should watch for the first strong green candle with volume — a likely trigger for the next bullish move.
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