Technical Outlook: BGB Tests Support at $3.36

$BGB currently, the market is navigating a pivotal consolidation phase, with price stabilizing near a critical $3.36 support level while testing a descending trendline that has defined the broader trend. While technical indicators like the RSI and MACD signal a period of indecision, the selling pressure is visibly slowing, creating a structural "floor" for patient accumulators. This stabilization is being reinforced by the high-engagement Crazy 48H (Phase 15) event, which is driving concentrated spot demand as traders execute high-volume buys to compete for a share of the 6,600 $BGB airdrop pool. With my entry positioned at $3.36, I am closely watching for a clean breakout above the $3.80–$3.85 resistance zone—a move that, if supported by this event-driven buy volume, would effectively invalidate the bearish narrative and signal a shift toward new local highs.