๐ $BNT
Hey everyone! ๐
I've been watching $BNT / USDT closely, and the recent price action has caught my attention. Looks like we're seeing a solid bounce off the lowsโand momentum is starting to build on the 1H chart. This could be the beginning of a sharp DeFi leg up! ๐
๐ฅ Here's My Trade Setup:
Entry Zone: $0.695 โ $0.705 โ (Already triggered!)
Current Price: $0.7142 (+3.4%)
TP1: $0.715 โ Getting close!
TP2: $0.726 โ Key resistance ahead
TP3: $0.740 โ Breakout extension target
Stop Loss: $0.682 โ Below key support
. Key Technical Levels:
Resistance: $0.7261 โ Big test zone. A break above with volume could ignite a bigger rally.
Support: $0.6723 โ Important base for bulls to defend.
โก My Pro Tip:
I'm watching RSI and volume closely. A spike in both could be the green light for a strong continuation rally above $0.726. If that level breaks cleanly, $0.740 isnโt far off!
๐ง Final Thoughts:
$BNT is looking like a potential sleeper play in the DeFi space. The structure is tight, and buyers are clearly showing up. If you missed the initial bounce, watch for a retest near $0.710 or a clean breakout with volume confirmation. Letโs see if the bulls have what it takes! ๐๐ฅ
Drop your thoughts below ๐ โ Are you trading this now? Letโs discuss!
#BNT #CryptoTrading #BinanceSquare
