$BNSOL /USDT BULLS NEED TO DEFEND 194 – BREAK ABOVE 198.6 COULD IGNITE NEXT RALLY
BNSOL has been consolidating after failing to sustain above the $198.6 high. Price is currently testing the $194 support, which aligns with the 25 MA on the 1H chart. Holding above this zone could attract buyers for another push toward recent highs, while a break below may trigger short-term selling pressure.
Trade Setup (Short-Term Long):
Entry: $193.8 – $194.5
Take Profits: $196.0 / $197.5 / $198.6
Stop Loss: $192.5
Market Outlook:
The trend remains slightly bullish as long as BNSOL stays above $193, with buyers looking for momentum recovery. A clean breakout above $198.6 could open the path toward $200+, but failure to hold $194 may shift control back to the bears.
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