Trading Signal For $BNX

Entry Range: $1.12 - $1.18
Action: Buy ๐Ÿ“ˆ
SL (Stop Loss): $1.05
TP 1: $1.25
TP 2: $1.32
TP 3: $1.40

๐Ÿฅ‚ Trade Now $BNX

๐Ÿšจ Note: Trade at your own risk. DYOR.


Strong Daily Performance (+8.64%) signals bullish momentum.
Increasing Volume (+29.48%) supports further price action.
Break Above Resistance at $1.17: If sustained, BNX could continue its rally.
Key Support at $1.06: Buyers have defended this level well, making it a strong base.

Reversal Possibility Trade Setup (Bearish Scenario):

If BNX fails to hold above $1.12 and breaks below $1.05, a short trade could be considered:


Entry Range: $1.05 - $1.10
Action: Sell ๐Ÿ“‰
SL: $1.18
TP 1: $1.00
TP 2: $0.92
TP 3: $0.85

Reason for Reversal:
Failure to Hold Support at $1.06 could trigger selling pressure.
Overbought Conditions on Lower Timeframes may lead to a pullback.
Decreasing Buy Volume would signal potential weakness.

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