<ul><li>Bitget Token (BGB) has experienced a recent surge but faces resistance and potential price correction.</li><li>Technical indicators, such as the Balance of Power and Chaikin Money Flow, suggest selling pressure and bearish market momentum.</li><li>On-chain metrics show a decrease in average holding time and substantial resistance at the current price level.</li><li>BGB is forming a descending triangle pattern, indicating increased selling pressure and potential support levels at $5.04 and $4.42.</li></ul>

Will BGB Bounce Back or Face a Deeper Correction?

Discover more