🚀 $BNX /USDT – Is the Dip a Buying Opportunity? 📊
$BNX is trading at $1.0821 (+3.59%), showing short-term pullback signs after hitting a 24H high of $1.0980. Will it bounce or break further? Let’s dive into the details!
📊 Current Price: $1.0821
🔥 Key Indicators:
✅ Support Zone: $1.0728 – Recent low, acting as short-term support.
✅ RSI (6): 35.35 – Approaching oversold territory, potential bounce.
✅ MACD: Weak bearish crossover – Momentum cooling, but no strong sell signal.
✅ Bollinger Bands: Price testing the middle band – Decision point for next move.
🎯 Trade Plan – Seize the Moment:
Entry: $1.0750 – $1.0820 (Buy the pullback!)
TP1: $1.0950 – Immediate resistance level.
TP2: $1.1200 – Upper Bollinger Band target.
TP3: $1.1500 – Key psychological barrier.
🔒 Stop-Loss: $1.0680 – Below recent low for protection.
💡 Why It Matters:
With RSI nearing oversold and strong volume, this pullback may offer a prime entry before the next leg up! 🚀
📣 Are you riding the $BNX wave? Drop your thoughts below! #BTCDipOrRebound #TraderProfile #MarketPullback