$BKN has been a standout project, delivering impressive performance as an official @BNBCHAIN RWA tokenization provider and being part of $LINK ’s BUILD Program. Here’s why I’m optimistic about its potential heading into 2025:
Technical Setup:
• Price currently retracing to the 0.5 Fibonacci level from the summer lows to Q4 highs—a key support area.
• The golden zone (0.618-0.66 Fib) aligns with a potential double bottom formation, adding bullish confluence.
• Bullish divergence spotted on the chart—suggests momentum could shift upwards soon.
Plan:
• Building exposure at 0.5 Fib for a strategic entry.
• Bigger exposure planned at the golden zone, where multiple factors align:
• Strong support level.
• Double bottom structure.
• Confluence of bullish signals.
In bull markets, leaders tend to keep leading. $BKN has the fundamentals and now the technical setup to remain a strong contender into 2025.