$BNSOL Pulls Back After Strong Rally 🚀🚀🚀

#BNSOL is currently priced at $169.2, reflecting a 2.42% drop in the last 24 hours. After reaching a recent peak of $219.2, the coin has pulled back sharply and now trades below the 7-day (186.2) and 25-day (186.5) moving averages – a possible short-term bearish signal.

However, the price still holds just above the 99-day MA (170.2), a key level that may act as dynamic support. If BNSOL maintains this level, it could attract dip buyers and present a decent re-entry point for mid-term traders.

📊 Key Indicators:

24h High: $176.7

24h Low: $166.1

Volume: Solid with over 6,031 BNSOL traded in 24h

Bid-Ask sentiment: Strong buyer interest at 72.31%, signaling bulls are still active

Recent Returns: +5.22% in 30 days, +9.59% in 90 days

📌 Technical Outlook:

Price correction is healthy after the strong breakout to $219.

The RSI and MACD (not visible but suggested to monitor) will be crucial in confirming a reversal.

A bounce from the 99-day MA could lead to a retest of $186–$198 zones.

🎯 Short-Term Resistance: $186

💪 Major Support: $166 – $170

🚀 Upside Target (if momentum returns): $198 – $219

#CryptoAnalysis #BNSOL #Altcoins #TechnicalAnalysis #Binance #BuyTheDip