🚨$BNX /USDT - Potential Short-Term Uptrend🔥💯💰
BNX/USDT shows some interesting price action. We've seen a recent push upwards, breaking through some short-term resistance levels. While the overall trend on higher time frames may vary, this shorter timeframe suggests a potential for a continued move up.
Current Price: 0.9475
Entry Price: Consider entries around 0.9475 - 0.9450 (wait for a slight pullback for a better entry)
Resistance Levels:
* Resistance 1: 1.0000
* Resistance 2: 1.0350 (Based on the 24h high, likely a strong resistance)
Support Levels:
* Support 1: 0.9400
* Support 2: 0.9200 (If the short-term trend reverses)
Take Profit Targets:
* TP1: 0.9650
* TP2: 0.9800
* TP3: 1.0000
Stop Loss: 0.9350 (A close below this level would invalidate the short-term bullish scenario)
Caution: This is a short-term trade setup on a chart. Be mindful of volatility. Watch for a potential rejection at the resistance levels. If the price fails to break through and consolidates, it might present a better buying opportunity later. Always manage your risk and trade responsibly.