🚨 $BNX /USDT Market Update 🚨
BNX is showing a pattern of sharp pumps followed by strong pullbacks, creating a cycle of volatility. This repeated movement suggests that while bullish momentum is present, each rally faces heavy resistance at key levels, leading to rejections before another upward surge.
📊 What to Watch For:
• If BNX maintains strength and breaks through resistance with volume support, we could see sustained upside movement.
• However, if another rejection occurs at current or slightly higher levels, a retracement is likely before another strong pump.
• Key Resistance Levels: Watch for potential rejection zones that have historically triggered a pullback.
💡 Market Insight:
This pattern indicates that traders are actively taking profits at key levels, preventing a continuous uptrend. Until BNX gains strong momentum and holds above resistance, similar movements may continue.
🚀 Stay alert for breakout confirmations!
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