🔻 $BNX

/USDT Short Trade Signal! 🔻

📉 Current Price: $0.9897 (-1.77%)

📊 Market Trend: Bearish momentum gaining strength

Key Levels:

📉 Support: $0.9700 - $0.9500

📈 Resistance: $1.0200 - $1.0400

Trade Setup:

🎯 Target Levels:

✅ TP1: $0.9700

🔸 TP2: $0.9550

🔸 TP3: $0.9400

🛑 Stop Loss: $1.0150

Market Insight:

Multiple rejections near $1.0400 signal strong resistance.

A significant sell-off candle confirms bearish momentum.

A break below $0.9800 could trigger further downside pressure.

🔥 Pro Tip:

Look for a short entry on a retest of $1.0000 resistance for an optimal setup.

Watch for increasing sell volume to confirm a trend continuation.

Keep an eye on BTC movements, as a drop could accelerate BNX’s decline.

⚠️ Risk Management:

Lock in profits at TP1 and move stop-loss to breakeven.

If price consolidates near TP2, consider a partial exit and adjust stop-loss accordingly.

🔻 Bearish Continuation Setup Active – Breakdown Confirmed!

$BNX {future} (BNXUSDT)

#CryptoMarket #BNXShortTrade #MarketDowntrend #RiskManagement