Technical Analysis ($BB
/USDT
$BB Current Price: $0.4523
Trend: The price has been increasing with a positive change of +11.02% over the last 24 hours, indicating bullish momentum in the short term.
Resistance Level: $0.4600 (24h high), a key resistance point. Breakout above this level would be crucial for continued upward movement.
Support Level: $0.4040 (24h low), a strong support zone that could act as a bounce-back point if price retraces.
Momentum: The momentum is bullish, with the price forming higher highs and showing an upward trajectory
Trade Signal:
Buy Entry: At $0.4523 or on a pullback near support levels.
Stop-Loss: $0.4314 (to protect against downward movement if support breaks).
Target Levels (T1, T2, T3):
1. T1: $0.4600 (Previous high - immediate target).
2. T2: $0.4700 (next resistance level if momentum continues).
3. T3: $0.4800 (potential for long-term upward movement if strong trend holds).
Trade Momentum: Bullish, with positive sentiment in the market, but it’s important to watch for a confirmed breakout above $0.4600 for stronger signals.#BTCRebounds95K #USStateBuysBTC #XRPBackInTop3 #SolvProtocolMegadrop