$BNX - Massive Pump & Cooldown! ๐๐ฅ
๐ $BNX exploded over 100% but is now consolidating after a sharp rejection from $0.6400. Will bulls regain momentum or is a deeper retrace coming?
Trade Setup:
๐ Long Entry: Above $0.3600 (If momentum returns)
๐ฏ Targets:
T1: $0.4200
T2: $0.5000
T3: $0.5800
๐ Stop Loss: $0.2900
๐ Short Entry: Below $0.3200 (If breakdown continues)
๐ฏ Targets:
T1: $0.2800
T2: $0.2400
๐ Stop Loss: $0.3700
โก Market Insight: BNX saw an extreme surge but is now struggling to hold higher levels. Bulls need to reclaim $0.4000+ to sustain upside momentum. A break below $0.3200 could lead to further downside pressure! ๐