๐ง Technical Analysis BB/USD (1W): pressure is increasing ๐
On the weekly chart of the asset BB/USD, a clear downward trend is observed, forming a descending triangle with a resistance line (๐ต blue diagonal ). After a strong growth in June 2025, the asset entered a consolidation phase, where each new high was lower than the previous one, and support was maintained in the range of $0.094โ0.138. ๐ August 2025: The price has broken through the key support at $0.094, which is a worrying signal for the bulls. However, the breakout has not been confirmed by increased volumes, but the current movement indicates a strengthening of selling pressure. ๐ป If the decline continues, the next significant support zone will be $0.078 โ that is where the price may head if there is no bullish reaction. ๐ป Buyers have already attempted to defend the level $0.094 but were unsuccessful โ which only intensified the current downward momentum.๐ Keep an eye on price reactions and volumes at the nearest levels โ they will be key to understanding short-term dynamics. ๐ Conclusion: BB/USD remains under pressure. A break of support is a troubling sign. Only a return above $0.094 on increasing volumes will weaken the bearish scenario.
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๐ง Technical Analysis BB/USD (1W): pressure is increasing ๐
On the weekly chart of the asset BB/USD, a clear downward trend is observed, forming a descending triangle with a resistance line (๐ต blue diagonal ). After a strong growth in June 2025, the asset entered a consolidation phase, where each new high was lower than the previous one, and support was maintained in the range of $0.094โ0.138.
๐ August 2025: The price has broken through the key support at $0.094, which is a worrying signal for the bulls. However, the breakout has not been confirmed by increased volumes, but the current movement indicates a strengthening of selling pressure.
๐ป If the decline continues, the next significant support zone will be $0.078 โ that is where the price may head if there is no bullish reaction.
๐ป Buyers have already attempted to defend the level $0.094 but were unsuccessful โ which only intensified the current downward momentum.๐ Keep an eye on price reactions and volumes at the nearest levels โ they will be key to understanding short-term dynamics.
๐ Conclusion: BB/USD remains under pressure. A break of support is a troubling sign. Only a return above $0.094 on increasing volumes will weaken the bearish scenario.