$BNX
🚀 $BNX /USDT – Strong Breakout! 🔥 Is it time for the next move? 💯
📉 Current Price: $0.9668 (+5.58%)
📊 Market Analysis:
✅ Strong Breakout, heading towards $0.99! Buying momentum is strong, with a break of key resistance levels.
🟢 Support Zone: $0.9200 - $0.9400
🔴 Resistance Level: $1.000 – A break above this level could push the price to discover new prices!
📈 Entry and Trading Strategy – Seize the Opportunity!
🔵 Bullish scenario (Buy signal - Long Trade Setup):
🎯 Entry zone: $0.9700 - $0.9900 (Buy on pullback)
🛑 Stop loss: Below $0.9600
🎯 Take profit targets:
TP1: $1.020
TP2: $1.050
TP3: $1.080+
📌 Bullish context: If $BNX closes above $1.000 with volume confirmation, the outlook is for a continuation of the rise towards new levels.
🔻 Bearish scenario (Sell signal - Short Trade Setup):
📉 If the price fails to hold the $0.9800 level, we may see a correction towards $0.9500.
🔻 Breaking the $0.9400 level may indicate a weakening of the uptrend and a possible change in momentum.
🔥 Pro Tip:
✅ Momentum is key! If the price closes above $1.000 with volume confirmation, we expect further upside.
📌 But if the price starts to consolidate, wait for a retest of support before entering again.
⚠️ Risk Management: Stick to your stop loss plan and use appropriate trade size!
