$BNX Alert!
Liquidated Short Amount: 806.3 @ 0.350400
Market Update:
The sudden liquidation shows aggressive selling pressure has slowed, signaling a potential price movement soon. Let's dive into the strategy:
Key Levels to Watch
• Support: $0.3400 (Strong buying zone)
• Resistance: $0.3600 (Major selling pressure area)
Next Move Prediction:
1️⃣ If price holds above $0.3500:
Likely to test $0.3600 resistance.
• Buy Zone: $0.3450 - $0.3500
• Target: $0.3600
Stop Loss: $0.3400
2️⃣ If price breaks $0.3400 support:
• Sell Zone: Below $0.3400
• Target: $0.3300
Stop Loss: $0.3450
Always manage your risk before entering trades!
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