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BNX Price Surge - Breaking Key Levels
BNX has experienced a significant surge, increasing by 26.11% within a 24-hour period. The price reached a peak of $1.2210 before stabilizing at $1.1230.
Market Statistics:
Current Price: $1.1230
24h High: $1.2210
24h Low: $0.8585
24h Volume: 284.40M BNX / 304.16M USDT
Technical Analysis:
The price broke out strongly from consolidation, moving from $0.8360 to $1.2210.
The MA(7) is trending above MA(25) and MA(99), suggesting bullish momentum.
The increase in volume supports the upward trend, although a slight pullback indicates potential consolidation.
What to Watch For:
Staying above $1.10 could confirm support for further upward movement.
Resistance is seen at $1.22; surpassing this level could drive BNX to higher levels.
Keep an eye out for a possible retracement if the volume weakens.
Share Your Views:
Are you optimistic about BNX's future? Will it exceed $1.22 or correct? Share your insights below!
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