As always Market sentiment > technical analysis. Don’t blindly look at the chart, $BNX will be rebranded into $form, so the market will sell off. Don’t open any future trade on this, specially buy positions.

BinaryX ($BNX 4-Hour Price Prediction – What's Next?

4-Hour Market Outlook

Bullish Scenario: If BNX surpasses $0.5702, it could rally toward $1.00+.

Bearish Scenario: If BNX falls below $0.3931, the next support is at $0.3000.

Key Technical Indicators

RSI: At 55 – neutral with a slight bullish inclination.

MACD: Indicating early signs of a bullish crossover.

EMA 50: Serving as resistance near $0.5000 – a strong push could trigger upward movement.

Trading Strategy

Short-term traders: Consider buying near $0.3931 and selling at $0.5702+ for quick gains.

Long-term investors: If BNX continues to grow, accumulating at dips could be a solid strategy.

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