$BNX
Current price is $1.8049, soaring over 70%, very strong trend, bulls are taking off directly!
After the MACD shows a bullish crossover on the hourly level, the fast line's slope may be very steep, with strong momentum, but a top divergence signal may appear at high levels. Currently overbought, chasing high prices carries significant risk, pay attention to selling pressure after the 17:00 settlement.
If the characteristic of 'bears being forced to exit' continues with increased volume, there is still support for the rise; however, if the volume shrinks, be wary of profit-taking selling pressure.
Current price of $1.8049 is not suitable for building a position; waiting for a pullback to the price range of $1.5-1.6 is a good opportunity to enter long!