@BounceBit #BounceBitPrime $BB

📊 BBUSDT — breakout of the wedge on the horizon? 🔍

On the 3D chart of BBUSDT, a prolonged consolidation is observed within a descending wedge 📉, which has been ongoing since June 2024.

Current price: $0.1296

Technical picture:

Ichimoku ☁️: price near the cloud, the upper boundary at $0.1373 — key resistance.

MA 7 / 25 / 99 📊: quotes above MA7 (0.1176) and MA25 (0.1035), but significantly below MA99 (0.2064) — short-term looks bullish.

Parabolic SAR 📍: points below the price (0.0940), signaling an upward momentum.

Figure 📐: descending wedge — historically a bullish pattern on breakout upwards.

Key levels:

Support 🛡: $0.1176 (MA7) and $0.1035 (MA25).

Resistance 🚧: $0.1373 (Ichimoku) and $0.2064 (MA99).

Scenarios:

🟢 Bullish: breakout of $0.1373 with consolidation → test $0.20 and above.

🔴 Bearish: rejection of breakout and return below $0.1176 → drop to $0.10 and $0.094.

💡 The asset is on the verge of exiting the wedge. A breakout upwards will provide strong momentum, while a pullback will return to the prolonged consolidation zone.