$BNX /USDT Technical Analysis

Current price is $1.6661, with a 24h high of $1.7500 and a low of $1.5456. The price is experiencing a downward trend, hitting a key support level at $1.6454.

Entry point for a long trade is at $1.6700 with a target of $1.7500, expecting a rebound from support.

For a short trade, consider entry at $1.6800 with a target of $1.6200, aligning with the observed downward momentum.

Monitor trading volume and market conditions for further confirmation.

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