📉 BounceBit ( $BB /USDT) Price Analysis — Bounce Failed, Bleed Continues? 🩸
“If it’s called BounceBit but doesn’t bounce… Houston, we have a branding issue.”
🧪 1D Chart Breakdown:
Current Price: $0.0970
Trend: Long-term bearish — consistent lower highs & lower lows
Moving Averages:
MA 7: $0.1065
MA 25: $0.1076
MA 99: $0.1174
⚠️ All MAs are above price — classic sign of downward pressure
🔻 Support Levels:
$0.0930 — Local bottom test
$0.0860 — Psychological barrier
$0.0720 — Last major defense before total collapse
🔼 Resistance Levels:
$0.1070 — MA25 & previous breakdown zone
$0.1250 — Previous consolidation zone
$0.1450 — Local top from July recovery
🎯 Targets:
Target 1: $0.1070
Target 2: $0.1250
Target 3: $0.1450
Support Zone: $0.0930 → $0.0860
🧠 Sentiment:
BounceBit is heavily suppressed under all major moving averages
Still ranging sideways with no clear reversal structure
If BTC weakens, this could lead the dumps
⚠️ TL;DR:
This ain’t called “MoonBit” for a reason.
BB/USDT needs to break above $0.1070 fast — or it’s headed back into the penny zone.
“Not every low is a bottom — sometimes it’s just a rest before the next leg down.”