📊 $BNX /USDT Technical Analysis – Supply & Demand Perspective

🔥 Massive Rebound from Weekly Demand Zone! 🔥

The price of BNX has just wicked deep into a key weekly demand zone 📉 before showing a strong bullish reaction 🚀. This area has acted as a historical support, and today’s massive volume spike (765M) confirms significant buying interest at these levels.

🔎 Key Observations:
🔹 Price dropped aggressively into the demand zone before buyers stepped in.
🔹 High volume candle suggests institutional activity.
🔹 If the demand zone holds, we could see a move towards the next resistance near $0.50 - $0.60.

🛑 What to Watch:
🔸 A clean break below this zone could invalidate the setup.
🔸 Confirmation needed – waiting for a follow-up candle.

🤔 Do you agree with this analysis? Are you buying this dip? Let me know in the comments! 💬

#BNX #TechnicalAnalysis #SupplyDemand #CryptoCommunity #BinanceAlphaAlert