📉 #Bouncebitprime $BB USDT) Price Analysis — No Bounce, Just Bleed? 🩸@BounceBit
“If it’s called BounceBit but doesn’t bounce… we may have a branding problem.”
$🧪 1D Chart Overview:
Current Price: $0.0970
Trend: Still bearish — forming consistent lower highs & lower lows
📊 Moving Averages:
• MA 7: $0.1065
• MA 25: $0.1076
• MA 99: $0.1174
⚠️ All major MAs are above current price = strong bearish pressure
🔻 Key Support Levels:
• $0.0930 → Local test zone
• $0.0860 → Psychological support
• $0.0720 → Last major line of defense
🔼 Resistance Zones:
• $0.1070 → MA25 & breakdown level
• $0.1250 → Previous consolidation
• $0.1450 → July local top
🎯 Upside Targets:
• T1: $0.1070
• T2: $0.1250
• T3: $0.1450
📉 Support Zone in Play: $0.0930 → $0.0860
🧠 Market Sentiment:
• Price suppressed below all key MAs
• Still ranging sideways with no bullish structure in sight
• If BTC drops, $BB could lead the way down
⚠️ TL;DR:
BounceBit needs to reclaim $0.1070 quickly to avoid deeper losses.
Until then, the trend remains brutal.
“Not every low is a bottom—sometimes it’s just a pause before the next leg down.”