BGB

After the previous triangular formation, the flash breakage has now come with a higher target. If the pricing in Bitco continues positively, it can be followed towards the target.

📊 BGB Update BGB is retracing now 🔄 If the price keeps dropping toward the green support zone, wait for confirmation before entering long ✅ This area is where buyers could step in again and push the price up 📈

This triangle is two-way. If it goes above 5.28, it will give 5%. Below 5.05, an 8% short position is attempted.As always :) I was rightAs always :) I was right. And its rising

NEIRO idea. TP1 will likely be a full take-profit, but whether we hold depends on the general market and if we see a wave 4 correction for potential re-entries.

BGB/USDT Potential 100% ++ Accumulate under $3.9 - $5.0 Targets Points Mid term targets TP 1 : $8 TP 2 : $10 TP 3 : $15 TP 4 : $20 TP 5 : $25 Long term targets TP 1 : $45 TP 2 : $60 TP 3 : $70 *Comparison between Bitget Token (BGB) burning and Binance Coin (BNB) burning: Bitget’s BGB burns are explicitly tied to real on-chain gas usage and a percentage of platform profits, with a clear roadmap to burn down to 100 million and full transparency. Binance’s BNB burns combine an ongoing auto-burn formula and real-time burning from gas fees to gradually reduce supply in a more passive, protocol-level manner. Both approaches aim to induce scarcity and potentially support token value, but Bitget emphasizes utility-aligned burns and rapid supply reduction, whereas Binance focuses on steady, formula-driven deflation aligned with chain activity.In our Accumulation range

🟢 LONG above $4.6571 – target $4.72+ Bitget Token trades at $4.64, holding above the 200 SMA ($4.63). Resistance sits at $4.6571. RSI at 56 shows moderate bullish pressure. A breakout over $4.6571 could extend toward $4.72–$4.75.

Overview BGB/USDT is consolidating within a symmetrical triangle pattern (descending resistance + slightly ascending support) as volatility narrows toward the apex. The price is currently around 4.58, after a rejection near the upper trendline — possibly a liquidity grab. This setup usually precedes a strong move once a valid breakout or breakdown occurs. --- Pattern Explanation Type: Symmetrical / contracting triangle Key characteristics: Shrinking volatility, lower highs + higher lows, volume gradually decreasing. Context: The structure formed after a strong correction from highs, which often implies a continuation bias unless a clear bullish breakout emerges. --- Key Levels Current price: 4.58 Near-term resistance: 5.03 → 5.60 → 5.99 Major resistance zones: 7.62 → 8.11 → 8.50 (ATH zone) Support: Triangle base (dynamic support around 4.0–4.4), then 3.60 and 3.00 if breakdown continues. --- Bullish Scenario (confirmation required) Confirmation: Daily close above the upper trendline with strong volume and successful retest. Entry idea: Conservative entry above 5.03 with retest confirmation. Targets: TP1: 5.60 TP2: 5.99 Aggressive: 7.62 → 8.11 → 8.50 Measured move projection: (8.50 − 3.60 = 4.90). Breakout from ~5.03 could project up to 9.93 (theoretical target). Invalidation: Failure to hold above 5.03 or a rejection back inside the triangle. Stop-loss: Below retest breakout (~4.40) or below triangle support. --- Bearish Scenario (confirmation required) Confirmation: Daily close below triangle support with above-average volume. Entry idea: Short entry after breakdown + failed retest. Targets: TP1: 4.00 TP2: 3.60 TP3: 3.00 (if strong continuation). Invalidation: Daily close above the upper trendline or reclaim above 5.03. Stop-loss: Above failed breakout level or triangle resistance. --- Things to Watch Volume: Breakouts without volume are often fakeouts. Retest: Strong confirmation if old resistance turns into new support (bullish) or old support flips into resistance (bearish). Daily candle close: Wick alone is not reliable; wait for candle close. Market correlation: BTC and ETH trends may influence BGB’s breakout direction. --- Risk Management Notes Limit risk per trade (1–2% capital). Use scaling entries if breakout is sharp. Always set stop-loss and take-profit in advance. Be cautious of false breakouts — triangles often fake one side before moving in the opposite direction. --- Conclusion: BGB/USDT is consolidating in a symmetrical triangle, signaling a potential big move ahead. For bulls, watch for a close above 5.03 with volume. For bears, confirmation comes with a close below triangle support. Until then, the setup remains neutral. > Disclaimer: This is not financial advice. Do your own research and manage risk accordingly. #BGBUSDT #CryptoAnalysis #TechnicalAnalysis #SymmetricalTriangle #Breakout #SupportResistance #SwingTrade

🚨 BGB Breakout Watch – Testing Red Resistance! 🔴⏳ BGB is testing the red resistance zone. 📊 If a breakout confirms, price could target: 🎯 First Target → Green line level A confirmed breakout may trigger bullish continuation.

📆 On the Weekly and 3D timeframes, BGB is sitting right at the edge of a major triangle support zone — compression is getting tight 🛡️. 📆 Zooming into the Daily timeframe, we can spot a smaller symmetrical triangle building inside the larger structure — a textbook double compression setup 📐. This kind of formation often precedes explosive moves. A breakout could spark a strong bullish wave, while a breakdown may invite heavy selling. 👀 High-stakes zone — keep your eyes on the breakout direction! Not financial advice. BGBUSDT

BOB had a parabolic rip to $4.62, followed by a hard selloff into $4.26. The structure then consolidated tightly and launched again early July 15 into $4.50+. That rally is now pushing again on volume — a reversal double-bottom confirmed over $4.42. Bulls must hold above $4.40 to stay in control.