$BB BounceBit (BB) surges, testing the $0.13 zone
BounceBit (BB) has staged an impressive rally, climbing from $0.118 to $0.138 in under a day before a slight pullback, now consolidating around $0.128. This shows strong buying momentum returning after a prolonged accumulation phase.
On the 15-minute chart, the uptrend is confirmed by consecutive green candles backed by rising volume. The $0.126 level is now acting as immediate support, while the $0.13 - $0.138 zone stands as key resistance. A breakout above this could open the path toward $0.14 - $0.145 in the short term.
RSI sits in the neutral-to-bullish range (50-60), suggesting more room for buyers to push higher. Meanwhile, MACD has crossed above the signal line, reinforcing the bullish outlook. That said, volatility is expected near the $0.13 resistance, making risk management essential.
Can BounceBit maintain this momentum to reach $0.14, or will it need another consolidation phase before breaking out?
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