$BNT AT KEY SUPPORT CONFLUENCE! 🔄
Price has dropped -7.48% but is finding strong support at the convergence of MA(7) and MA(25) around 0.4946. This DeFi token is holding critical levels despite the market weakness.
🎯 TRADE SIGNAL (Momentum Long)
· ENTRY: 0.4950 - 0.4980 (on bullish confirmation)
· TARGET 1: 0.5120
· TARGET 2: 0.5220
· 🛑 STOP LOSS: 0.4900 (below MA support)
The Setup:
· Testing strong MA(7) and MA(25) support confluence
· Relatively mild -7.48% drop in current market
· DeFi token showing technical strength
· Clean risk-reward with defined levels
Solid technical setup with clear support!
Like & comment if you're trading BNT! 👇
#BNT #Bancor #DeFi #TradingSignal #Crypto
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Pinned Comment:
Not financial advice. Always do your own research and manage risk appropriately.
