#BVM
The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it
We have a green support area at 1.31 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise...
Bullish on BVMUSDT after the token found crucial support at $3.20 on the daily timeframe. This key level appears to be holding, suggesting a potential price surge soon.
While the bulls seem to be in control for now, analysts anticipate resistance around $4.00 . A breakout above this level could signal further upward momentum.
