$BSB Showing Signs of Recovery
After finding a bottom near 0.185, $BSB has started building a higher-low structure across multiple timeframes. The recent bounce pushed price back above the 1H MA25, MA99, and MA200, while the 4H chart is attempting to establish a bullish trend continuation.
📊 Chart Analysis
• 1H: Price is holding above all major moving averages, showing short-term bullish momentum.
• 4H: MA25 and MA99 are acting as dynamic support, while MACD remains positive despite cooling momentum.
• 1D: Recovery is still in progress, but RSI and MACD continue to improve from oversold conditions.
Key Support Zone: 0.273 – 0.267
Major Resistance Zone: 0.29 – 0.30
A clean breakout and sustained hold above 0.30 could trigger the next leg toward:
🎯 Targets: 0.34 → 0.40
For now, this looks like a relief bounce with improving structure. Bulls need to defend the support zone and flip 0.30 into support to confirm a stronger trend reversal. 📈
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