$BNSOL /USDT – BULLS REGAIN CONTROL AS MOMENTUM SHIFTS ABOVE KEY LEVELS!
$BNSOL /USDT pair has shown a strong bullish breakout, rising +5.31% in the last 24 hours and currently trading at $160.6, reclaiming strength after testing the lows near $150.2.
Key Technical Levels:
Current Price: $160.6
Immediate Resistance: $161.6 (24h high)
Major Resistance Zone: $165 – $170
Immediate Support: $158.0
Strong Support Zone: $150.0 – $152.0
The price is hovering close to resistance, and a sustained move above $161.6 could invite further bullish momentum toward the $165–$170 range.
Trade Setup – LONG Position
Entry: On breakout and close above $161.6
Target 1 (TP1): $165
Target 2 (TP2): $169.8
Stop Loss (SL): $157.8 (just below minor support)
Alternate Play: Wait for a pullback to the $155–$158 zone for a safer long re-entry if the breakout fails temporarily.
Market Outlook:
The broader trend shows a recovery mode kicking in after a 30-day slump (-9.88%). A recent 90-day gain of +19.76% suggests buyers are stepping in with confidence. Volume spikes confirm strength. The short-term trend is now bullish, with a potential shift toward mid-term reversal if momentum sustains above $165.
Risk Management:
Always use stop-loss. Risk only 1–2% of your capital per trade. Don’t chase pumps; wait for confirmation candles or retests before entering.
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