Headline:
$BB Reclaims Support: Is the CeDeFi Giant Ready to Bounce? 💎
I’m closely monitoring BounceBit (
$BB ) following its recent correction. After a sharp dip, the price has successfully defended a major demand zone, showing strong buyer absorption at these levels.
This impulsive recovery is a classic signal of a short-term trend reversal. As long as
$BB holds above its newly established base, the bias remains firmly bullish for a continuation toward local resistance.
📊 The Setup:
Entry Zone: $0.0655 – $0.0670 🛒
Stop Loss: $0.0620 🛡️
Targets:
🎯 TP1: $0.072
🎯 TP2: $0.080
🎯 TP3: $0.095
Strategy: The RWA and CeDeFi narrative is picking up steam. Watch for a high-volume break of TP1 to confirm the move to $0.09!
#BounceBit #bbusdt #CeDeFi #cryptosignals #BinanceSquare