On the hourly timeframe BNSOL/USDT, we can see that today there was a sharp impulsive jump to 163.0, followed by a slight correction to the zone of 161.0–161.5 (MA-25 level). After testing this support, the quotes bounced upwards, and the RSI on the 15-minute and hourly charts remains above 60 — signaling the prevailing strength of buyers.
Key levels:
Support: 161.0 (MA-25) → 159.0 (local bottom)
Resistance: 163.0 (local high) → 165.0–166.0 (MA-99 zone / previous peaks)
Forecast for today:
If buyers hold 161.0 and maintain the price above MA-25, we are likely to see a retest of 163.0 with a chance of breaking through to 165.0.
In the case of a pullback below 161.0, a deeper decline to 159.0 is possible, where we should expect a re-consolidation or reversal.
🎯 Tactics:
Open local longs in the zone of 161.0–161.5 with a take-profit around 163.0–164.0.
Stop below 160.
Overall, we are set for a moderate bullish movement provided that MA-25 holds as new support. Successful trades! 🚀
