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$BNX is currently priced at $0.9778, reflecting a decrease of 20.50% over the last 24 hours. The 24-hour high was observed at $1.2900, with a low of $0.9565. Trading volumes indicate 34.32 million BNX and 36.22 million USDT.
For traders and investors: - Short-term Analysis: $BNX shows a significant decline recently, indicating bearish sentiment. - Entry Points: Consider a cautious approach. For long positions, await a confirmed reversal above $1.0621. For short-term gains, entry near current support levels around $0.9565 may be considered, with careful risk management strategies.
$AVAX is facing downward pressure at the moment, nearing the crucial 20$ support as bearish trends persist. A forthcoming reversal indicates the potential for Avalanche to play a pivotal role in the next bull rally cycle. In the past rally, we've noted 480% gains.
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