$BNX
š BNX/USDT Technical Update ā Is a Breakout Coming? š
BNX is testing key support at $0.4417, flirting with potential breakdown territory. A slip below could see the price cascade toward $0.4350 ā but if buyers step in, we might witness a sharp bounce back to $0.4500-$0.4600. š
š” Key Resistance lies at $0.4650-$0.4700, the recent rejection zone. Until this level is breached, sellers remain in control. The downtrend is evident, but every pullback offers opportunity ā are you ready to catch the reversal?
š Entry Strategy:
Short below $0.4400 (targeting $0.4350 and below).
Buy if support holds at $0.4400, aiming for a climb toward $0.4500-$0.4600.
šÆ Pro Tip: Watch for a bullish engulfing candle at support for confirmation. Tight stops around $0.4350 will protect your downside.
BNX is heating up ā the next move could happen anytime. Stay sharp!
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