$BILL survived because that blue zone became a real demand area, not just a random line.
Look closely:
• every selloff into 0.0805 got absorbed fast
• buyers defended aggressively multiple times
• breakdown attempts had no continuation
• price kept making recoveries instead of lower lows
That tells you sellers are losing control near support.
Now the next move depends on one thing: whether BILL can reclaim and hold above the 0.089–0.09 area.
Possible scenario now:
• If buyers sustain momentum above current range, price can attempt another push toward previous highs near 0.095–0.098
• If rejection happens again near resistance, BILL will probably continue ranging between support and resistance before a real breakout
The important part most traders miss: after failed breakdowns, markets often move violently in the opposite direction because trapped shorts start exiting.
So right now this chart looks more like accumulation than collapse.
$IN watching 🔻
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