$BNX /USDT Setting up short selling 🔥
Current price: $0.3996
Entry zone: $0.3950 – $0.4050
Resistance level: $0.4100 – $0.4200
Targets:
🎯 TP1: $0.3800
🎯 TP2: $0.3650
🎯 TP3: $0.3500
Stop loss: $0.4300 (Above the main resistance)
Market context:
BNX is facing resistance near $0.40, with buying momentum weakening. A break below $0.3900 could confirm a bearish move.
📉 Risk management: Limit risk to 2-3% for each trade and stop loss when TP1 is hit.
💡 Professional tip: Look for a retest of $0.3950 as resistance after the breakout—that could be confirmation for an ideal sell entry. 🚀