š $BNX /USDT BULLISH REVERSAL ā NEXT MOVE UP? š
$BNX has shown a massive dump but is now rebounding strongly from the lows, indicating potential bullish momentum. The price is currently trading at $1.0088, recovering from a sharp drop. The key resistance levels to watch are $1.1518 and $1.1771, while strong support is seen around $0.8829. If the bulls maintain pressure, we may see further upside in the short term.
š Trade Setup (LONG):
Entry: $1.000 - $1.015
Take Profit (TP1): $1.100
Take Profit (TP2): $1.150
Stop Loss (SL): $0.950
š Market Outlook:
The rapid recovery from the $0.88 low suggests strong buying interest, and if volume continues to rise, BNX could retest the resistance zones. However, breaking above $1.15 will be crucial for further gains.
ā Risk Management:
Always use proper risk-reward ratios and set stop losses. Avoid over-leveraging and follow your trading plan strictly.
š¬ If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze! šš„