🚨 $BB /USDT ALERT: Potential Breakdown or Reversal on 15-Minute Chart 🚨
Overview: BB/USDT is currently witnessing downward momentum after a sharp rejection at $0.3300. The price has slid to $0.3105, breaking below immediate support zones and showing bearish signs. Volume indicates strong selling pressure, with traders eyeing further price action.
Current Price: $0.3105
Entry Price for Trades: $0.3080 (short trade) or $0.3125 (long trade for breakout recovery)
Key Levels to Watch:
Resistance: $0.3146 – A breakout above this level could signal a recovery toward higher targets.
Support: $0.3070 – If this level fails, expect a further decline toward the lower targets.
Take-Profit Targets (Short Trade):
1. $0.3050
2. $0.3000
3. $0.2950
Stop Loss Level: Place a stop loss at $0.3146 for short trades to protect against an unexpected reversal.
Cautionary Note: Traders should remain vigilant for a breakout above $0.3146 to signal a bullish reversal. Monitor volume for any surge indicating potential buying interest. Stability around $0.3070 will be critical; failure to hold this support could lead to panic-driven selling.