📉 $BB /USDT Alert: Momentum Fading at Resistance!
Current Price: ~$0.0532 (-3% 24h)
After a strong attempt to break higher, $BB faced a firm rejection at the $0.0540 level. We are now seeing consecutive bearish candles on the 1H timeframe, suggesting that the bulls are losing steam and a deeper pullback could be on the horizon. ⚠️
Trade Setup (Short Bias)
🔹 Entry Zone: $0.0536 – $0.0540 (Targeting the rejection area)
🎯 Targets:
1️⃣ $0.0530 (Immediate Support)
2️⃣ $0.0525 (Demand Zone Test)
3️⃣ $0.0518 (Major Pullback Level)
🛑 Stop Loss: $0.0546
💡 Market Insight: Watch the $0.0528 – $0.0523 demand zone closely; if this fails to hold, the sell-off could accelerate.
Invalidation: A high-volume reclaim of $0.0542 flips the bias back to bullish for a continuation rally.
Are you playing the pullback or waiting for the demand zone bounce? 👇
#BounceBit #USIranMarketImpact #WEFDavos2026 #TrumpCancelsEUTariffThreat
