$BNT /USDT – BULLISH MOMENTUM BUILDING, BUT NEEDS TO CLEAR $0.6300 TO UNLOCK UPSIDE POTENTIAL!
Current Price: $0.6270
24H Change: +3.62%
24H High/Low: $0.6270 / $0.5900
Market Outlook:
$BNT /USDT has started to show bullish momentum after a short-term recovery, gaining nearly 4% today. Despite recent 30-day weakness (-13.67%), the 90-day gain of +53.28% indicates potential for a continuation if bulls reclaim control. A break above $0.6300 could accelerate the next leg up.
Key Technical Levels:
Immediate Resistance: $0.6300 – local ceiling and breakout trigger
Major Resistance: $0.6700 – mid-term resistance zone
Immediate Support: $0.6150 – near-term cushion
Major Support: $0.5900 – strong base and 24h low
Trade Setup (Long):
Entry: $0.6280–$0.6320 (on breakout with volume)
Targets (TP):
TP1: $0.6550
TP2: $0.6700
Stop Loss (SL): $0.6100
Alternate Setup (Short):
Entry: $0.6270–$0.6300 (if rejection confirmed at resistance)
TP: $0.6000
SL: $0.6380
Sentiment Summary:
BNT is trying to recover lost ground, but bulls must push above $0.6300 to confirm a trend reversal. Until then, caution is advised. Watch for a volume spike to validate breakout strength.
Risk Management:
Use stop loss on every trade and manage risk per position under 2% of your total capital. Avoid chasing candles—wait for confirmation.
