🚨 $BNX LONG LIQUIDATION ALERT! 🚨
A $5.28K long position was just liquidated at $0.43865! The market is shaking up, and traders are wondering: is this a buying opportunity, or will the price fall further? Here's your full analysis to stay ahead of the game:
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📊 Key Levels for $BNX
Buy Zone: $0.420 - $0.440 (look for price stability around this range)
Target 1: $0.460 (first resistance for a potential bounce)
Target 2: $0.480 (stronger resistance if bullish momentum picks up)
Stop Loss: Below $0.410 (to protect against further downside)
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What’s Next for $BNX?
1️⃣ Bullish Scenario: If $BNX holds the buy zone and price action strengthens, we could see a move toward $0.460 and possibly $0.480 if momentum continues.
2️⃣ Bearish Scenario: If the price fails to hold above $0.420, further downside could be expected with a drop towards $0.400 and possibly $0.380.
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Market Sentiment:
This liquidation shows the market could be testing the strength of bullish momentum, but it could also present a buying opportunity for those looking to enter at lower levels. Watch for price action around $0.420 - $0.440 for confirmation!
⚠️ Pro Tip: Don’t rush into trades—stick to your plan, set stop-losses, and always trade with discipline. Markets can move quickly, so stay alert and trade smart! 🚀
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