$BNT 🚀 BNT Market Analysis: Bullish Trend or Selling Pressure?
🔹 Current Price: $0.4470 ✅
🔹 15-Day MA: $0.4468 🔼 (Price Above)
🔹 20-Day MA: $0.4416 🔼 (Price Above)
🔹 RSI: 54.49 (Moderate Bullish)
🔹 Resistance Level: $0.4643 🔼
🔹 Support Level: $0.4067 🔽
🔹 Selling Pressure: High ❗
📊 Market Insight: Caution Amid Bullish Trend
BNT is trading above both MA15 and MA20, showing short-term bullish momentum. However, the selling pressure is increasing, which could lead to a pullback if buyers fail to push past resistance at $0.4643.
📈 Trading Strategy: Smart Entries & Targets!
🔵 Bullish Scenario (Breakout Trade)
✅ Entry Zone: Above $0.4540 (Breakout confirmation)
🎯 Target 1: $0.4643 (First resistance)
🎯 Target 2: $0.4800 - $0.4900 (Next bullish zone)
🛑 Stop Loss: Below $0.4410 (20-day MA)
🔴 Bearish Scenario (Reversal Trade)
✅ Entry Zone: Below $0.4410 (Breakdown confirmation)
🎯 Target 1: $0.4260 (Support test)
🎯 Target 2: $0.4067 (Major support level)
🛑 Stop Loss: Above $0.4470 (Current price level)
🚀 Conclusion: Key Breakout or Reversal Incoming!
BNT is in a bullish structure, but selling pressure could trigger a pullback. A break above $0.4540 could fuel a rally, while a drop below $0.4410 might lead to further downside.
📢 Stay Alert—Major Move Coming! 📢