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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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