$BNX /USDT Trading Analysis & Signal
$BNX /USDT is showing strong bullish momentum, currently trading at $1.18 (+0.47%), with a 24h high of $1.1908 and a low of $1.0583. The chart reflects an upward trend, supported by the EMA(7) at 1.1337, suggesting short-term strength. The price is above EMA(25) at 0.8942, further reinforcing bullish sentiment.
Trade Signal:
Entry: Buy at $1.18 - $1.15 (on minor dips).
Target 1: $1.25
Target 2: $1.33 (recent high)
Stop-Loss: $1.05 (below 24h low)
With increasing volume and an upcoming upgrade/redomination event on March 18, expect heightened volatility. Short-term traders can capitalize on this breakout, while risk management is crucial. If $1.33 breaks, the next potential level is $1.40+. Watch price action closely and adjust your stop-loss accordingly.#SHELLAirdropOnBinance #MemesNotSecurity #BinanceAlphaAlert #BinanceLaunchpoolRED #Write2Earn $BNX