📊 Technical Analysis (BounceBit/USDT, 3D):


An ascending wedge is forming on the chart — a pattern that usually indicates the possibility of a correction after a rise. The price is held above the key support of 0.115–0.120$, which indicates the strength of buyers. The upper resistance boundary is currently around 0.137–0.140$. A consolidation above this level may open the way to 0.16–0.18$, while a breakdown of support downwards will return the price to the zone of 0.10–0.099$.

Indicators:

📈 The price is above EMA(25) and EMA(7), indicating a local bullish momentum.

☁️ The Ichimoku Cloud remains bearish for now, but if it consolidates above $0.14, it may switch to neutral/bullish.

📍 The Parabolic SAR indicates an increase of ( points below the price ).

🔗 Fundamental (BounceBit):
BounceBit is a BTC restaking chain built with a unique CeDeFi concept (CeFi + DeFi).

💰 Allows BTC holders to earn income from various sources by combining centralized and decentralized mechanisms.

🔄 Restaking enhances network security and creates additional yield.

🌉 The project combines CeFi liquidity and DeFi opportunities, making it attractive for investors seeking reliable yet profitable strategies.

💠 The BB token is used in the ecosystem for staking, fees, and participation in governance.

⚡ Conclusion: if it consolidates above 0.14$, we can expect a rise to 0.16–0.18$, but a downward break of the 0.115$ level will weaken the bullish scenario.

Do you want me to outline the short-term and medium-term price movement scenarios separately?
BB-6.69%
BTC-1.34%
DEFI-7.28%
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Flowergirl34vip
· 08-23 11:00
test
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GateUser-00e834e1vip
· 08-23 09:40
😦😧😰😰😕😕😕🙁☹️☹️☹️😢😟😩😣😖😲😲😯😯😮😌😊🙂🙃🙃😎😎🤓🤑🤑🤑🤑
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GateUser-0b6baaa2vip
· 08-23 09:13
Tap on a clip to paste it in the text box.Tap on a clip to paste it in the text box.
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KML_Crypto3vip
· 08-23 08:04
HODL tight, and DYOR.
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