I've been exploring TA on BGB cos it's one of the token I'll be looking to accumulate as we enter into the new year and here's what I found. It's moving sideways around an important price level, holding near the $3.36 support while testing a downward trendline. Indicators like RSI and MACD show market uncertainty, but selling pressure is slowing, which suggests a solid base is forming for potential upside.
This price stability is supported by strong buying activity from the Bitget Crazy 48H (Phase 15) event, as traders compete for t$BGB airdrop. With an entry at $3.36, a clear move above the $3.80?$3.85 resistance would signal a trend shift and confirm bullish momentum. Do you have a separate view of my analysis?
Linkback: https://www.forex.zone/cryptocurrency-advertisements/33/bgb-holding-strong-at-key-support/4911/
