I’ve been tracking BGB for the past couple of weeks because the price has been moving through repeated short cycles, which makes the structure pretty clear. Right now it’s trading inside a well-defined range, with sellers consistently defending $3.60–$3.65 and buyers stepping in around $3.42–$3.45.
For me, $3.38–$3.45 is the main accumulation area as long as it holds on a daily basis. I’m not interested in chasing the middle of the range. If price accepts above $3.55 and starts holding higher lows, I’d look for continuation toward the upper resistance. If $3.42 breaks cleanly, I step aside and reassess around $3.35–$3.38.
This is how I’ve approached BGB-focused setups before, sticking to location and structure instead of forcing entries. Sharing my current read, and I’m open to corrections if anyone sees the structure differently.
CMC: https://coinmarketcap.com/currencies/bitget-token-new/
Event: https://www.bitgetapp.com/launchhub/trading-club/232908
