🚨 $BB Technical Analysis Update 🚨

BlackBerry Ltd is currently trading around $4.47, showing minor weakness on the day. Let’s break down the setup 👇

📊 Market Snapshot

Price Range: $4.35 – $4.48

Trend: Consolidating after a small dip

Volume: ~1.78M (moderate activity)

🔍 Key Technical Levels

Support: $4.47 → watch for breakdown risk toward $4.00

Resistance: $4.87 – $5.01 → breakout zone

RSI: ~45 → neutral / slightly oversold

MACD: Negative crossover → weak momentum

🟢 Bullish Scenario

If $BB can break and close above $4.90 with strong volume, next upside targets could be $5.20 – $5.50.

Momentum confirmation: RSI > 50 and MACD flipping positive.

🔴 Bearish Scenario

Failure to hold $4.47 may send the stock back to $4.00–$3.90 range.

Watch for continued low volume and bearish MACD divergence.

⚖️ Verdict

Currently neutral-to-bearish short term.

A clean breakout over $4.90 could change the tone fast.

Until then, patience and tight risk management are key.@BounceBit

#BlackBerry #BB #BounceBitPrime #TechnicalAnalysis #TradingView