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Web3LEGEND
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Many people on this table ๐Ÿ˜„ probably nothing $ #NOT_coin

Many people on this table ๐Ÿ˜„

probably nothing $

#NOT_coin

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BNX/USDT ๐Ÿ‘€. BULL ๐Ÿ‚ or BEAR ๐Ÿป โœ๐Ÿฝ Weโ€™re witnessing some intriguing patterns in the BNX/USDT pair that could present profitable opportunities for both long and short positions in the coming hours. Hereโ€™s what the technicals are telling us: Current Price: 1.3794 USDT 24h Change: +20.79% ๐Ÿ•ต๏ธโ€โ™‚๏ธ Technical Analysis Overview: 1. RSI (6): At 57.7846, the RSI is hovering near neutral, indicating that neither the bulls nor the bears have taken control yet. This balance could lead to a breakout in either direction. 2. Moving Averages: MA (5): 116,429,991.5 MA (10): 77,693,256.3 ๐Ÿ” Candlestick Insights: The recent candlesticks show strong bullish momentum, with the price testing higher resistance levels. However, the overextension also hints at potential pullback zones. ๐Ÿ“ˆ Long Signal: If the price breaks above the recent high of 1.4252 USDT with strong volume, it could signal a continuation of the bullish trend. Consider entering a LONG position targeting: Target 1: 1.50 USDT Target 2: 1.60 USDT Stop-Loss: Set a tight stop-loss at 1.35 USDT to manage risk. ๐Ÿ“‰ Short Signal: If the price fails to sustain above 1.4252 USDT and shows signs of reversal, a bearish pullback might be imminent. Enter a SHORT position if the price falls below 1.35 USDT: Target 1: 1.30 USDT Target 2: 1.20 USDT Stop-Loss: Place a stop-loss at 1.40 USDT to limit potential losses. ๐Ÿ“Š Conclusion: Stay alert and watch the price action closely. The BNX/USDT pair is poised for significant moves, and both long and short strategies could yield excellent returns. Trade wisely and always manage your risk. Happy trading! ๐Ÿš€. *Web3LEGEND ๐Ÿซต๐Ÿฝ๐Ÿ˜Ž $BNX
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