🚨 $BSB (Block Street) Analysis: Correction or Preparing for a New Bounce? Based on the latest chart and market data as of May 11, 2026, BSB is entering a sensitive phase after its recent rapid growth. 1️⃣ Technical Analysis Current Trend: After failing to hold above the $0.70 level, BSB has entered a strong correction phase. The current price around $0.49 (down about 7%) shows that selling pressure is still present. Support Zones: Near support: $0.44 – $0.48. This is the previous bottom area where price bounced strongly before. If this zone holds, BSB may form a double bottom pattern for a potential recovery. Deeper support: If $0.44 breaks, price could slide toward $0.35 – $0.38 to search for new liquidity. Resistance Zones: Short-term resistance: $0.56 – $0.60, the highest trading range within the last 24 hours. Major resistance: $1.21, the previous ATH established in early May after the tokenomics news. Volume: The 24-hour trading volume reached over 135 million BSB (~67 million USDT). Volume is currently moving sideways, suggesting selling pressure is gradually weakening while buyers have not yet stepped in aggressively. 2️⃣ Fundamentals & Key News May has been an active month for the BSB ecosystem: M&A: In late April, AI Financial (reportedly linked to the Trump family) completed the acquisition of Block Street Corp for $43 million, which helped drive BSB to its $1.21 peak earlier. New listing: On May 18, 2026, BSB is expected to be listed on Bitkub, a major exchange in Thailand, potentially bringing new capital from the Southeast Asian market. Technology upgrade: The activation of Base Bridge allows BSB liquidity to connect with the Base network, enabling faster and cheaper transactions. 3️⃣ Market Scenarios Bullish scenario: BSB may consolidate around $0.45 – $0.50 in the coming days while waiting for the Bitkub listing on May 18. If the news triggers strong interest, price could move back toward the $0.80 area. #TrumpRejectsIranDeal #WarshTakesFedChair #BitcoinETFMSBTStreak