Trading Signal for $BNT /USDT Downtrend 💯 🔥 CONFIRMED within a well-defined descending channel.
$BNT /USDT Current Price: $0.5705
24h Change: -3.73%
24h High / Low: $0.6018 / $0.5689
Support Zone: Around $0.5689 (recent low).
Resistance Zone: Near the upper boundary of the channel, approx $0.5750–$0.5780.
Current Position: Near the lower boundary of the descending channel, which could indicate a potential short-term bounce opportunity.
Trading Signal (Short-Term Swing Trade)
Entry (Long Position): $0.5700 – $0.5710
Target 1: $0.5750
Target 2: $0.5785
Stop Loss: $0.5675 (below recent low and channel support)