$BNSOL Struggling at Support
Trade Setup:
Entry Zone: $190 – $196
(Look for stabilization or reversal)
Targets:
$200.0 (Short-Term Resistance)
$204.9 (Recovery Level)
$216.8 (Breakout Target – 99-MA)
Stop-Loss: $192.0 (Below Support Zone)
The 7-MA ($200.0) and 25-MA ($204.9) are above the price, indicating bearish pressure. The 99-MA ($216.8) suggests long-term weakness.
A break below $195 could trigger further downside toward $180, but if volume picks up and price stabilizes above $196-$200, a short-term rebound is possible.
Traders should wait for a confirmation before entering long positions!
