Brickken
I would like to share my opinion about a very interesting asset, in my opinion.
Fundamentally:
BKN is an asset from sector #RWA (tokenization of real assets). RWA is a promising sector in this cycle! The asset is not heavily promoted, but I consider it a 'dark horse' in this sector.
I have been following the project since its market entry. A fairly solid and, most importantly, active team, excellent partnerships, including a partnership with Binance.
A small issuance and low capitalization make the asset quite volatile.
I classify this asset as a high-risk asset.
I have repeatedly traded this asset and also hold a long-term position with an average entry price of $0.16.
Technically:
We held the lower global trend line, after an impulsive move we reached global resistance at $0.35140.
From the current levels, I would like to see a pullback to the range of $0.23–0.21, where I plan to accumulate a speculative spot position.
The position is medium-term, with targets: $0.53, $0.77, and $1.4.
This asset is not traded on Binance !
⚠️Not financial advice !
Do Your Own Research.