Market is unpredictable now, but your insights make it easier to follow.Interesting perspective 👌. Do you think bulls can hold momentum here?

$BB Market Finds Stability as BB/USDT Attempts to Hold Above 0.1200

The BB/USDT trading chart on Binance reflects a cautious attempt at recovery, with the price now standing at 0.1206 — a 1.86% gain over the past 24 hours. The 24-hour high touched 0.1357, while the low settled at 0.1172, outlining a narrow but active trading range. Buyer participation continues to outpace sellers, with 57.64% buy activity against 42.36% sell orders, hinting at modest bullish sentiment returning to the market.

Technical signals on the 15-minute chart reveal a steady consolidation phase. The MA(7) is recorded at 0.1226, the MA(25) at 0.1217, and the MA(99) at 0.1236, indicating price compression just beneath resistance. The recent candles show the market struggling to maintain above short-term averages, reflecting hesitation among traders after recent declines. The volume remains strong at 48.68 million BB, demonstrating sustained market participation even in uncertain conditions.

The 0.1195 support level has been tested multiple times and remains a key zone that buyers are defending. This support, if maintained, could serve as a foundation for a potential short-term rebound. However, any move below it might invite renewed selling pressure. The past week’s performance still shows a decline of 12.94%, while the 30-day drop stands at 43.84%, showing that the token is still recovering from extended weakness.
#BounceBitPrime and @BounceBit
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