$BB reclaims $0.008 this week, or I’m wrong. 📌
Price is $0.007820 and momentum just pushed 2.76% higher today, with the last 4h up 3%. But volume is only 0.2x its 20d average, so this move still needs proof.
That’s the key.
I’d treat $0.008 as the line in the sand: a clean 4h close above it changes the setup for me. Below that, BB is still under the 20d and 50d MAs, while longs are paying funding. Not exactly a free breakout.
RSI at 53 is neutral. More like $SOL before confirmation than a full trend flip.
I’m planting it: $0.008 breaks and holds, or this bullish call is dead. Watching how BB reacts at $0.008?
#BB #Web3
Price is $0.007820 and momentum just pushed 2.76% higher today, with the last 4h up 3%. But volume is only 0.2x its 20d average, so this move still needs proof.
That’s the key.
I’d treat $0.008 as the line in the sand: a clean 4h close above it changes the setup for me. Below that, BB is still under the 20d and 50d MAs, while longs are paying funding. Not exactly a free breakout.
RSI at 53 is neutral. More like $SOL before confirmation than a full trend flip.
I’m planting it: $0.008 breaks and holds, or this bullish call is dead. Watching how BB reacts at $0.008?
#BB #Web3