$BNX /USDT – Bullish Breakout in Progress! 🚀
📈 Momentum Analysis:
BNX/USDT has surged +32.36% today, showing strong bullish momentum as it breaks key resistance levels. The price is currently holding steady at $0.9657, with a potential for further upside given the positive market sentiment and solid support at $0.9446.
🛠️ Long Setup:
Entry Zone: $0.9657
Targets:
T1: $0.9899
T2: $1.0914 (24h High)
T3: $1.10+
Stop Loss: $0.9446 (Key support)
📊 Breakout Confirmation Level & Key Support:
Breakout Level: $0.9657
Support Level: $0.9446 (Strong buy zone)
💡 Pro Tip for Traders: Watch for confirmation at the $0.9657 level for a clean breakout. Be ready to ride the trend if it sustains momentum above $0.9657. However, ensure you set a tight stop at $0.9446 to manage risks.
🔑 Relevant Trading Data:
24h High: $1.0914
24h Low: $0.7051
24h Volume (BNX): 57.74M
Order Book Depth: 53.98M (Supportive for upward movement)
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