#PriceTrendAnalysis

Price trend analysis is a vital technical analysis tool that helps traders understand how prices are moving based on past data. When we see BNX rising 26%, it shows strong momentum, but the most important question is: will this trend continue or is it just a temporary blip?

We can use indicators such as moving averages, RSI, and trading volumes to assess the strength of the trend. If high liquidity continues and is accompanied by a bullish trend, we may see a continuation of the uptrend.

However, one should be careful about potential resistance levels.