$BNSOL

/USDT Steady Dip Moves šŸ’Æ Ready For Next Alert šŸ’Æ šŸ’„

Current Price: $221.50 (-0.09%)

24H Range: $218.40 - $228.40

Volume: 14,224.38 BNSOL | 3.19M USDT

Technical Analysis Highlights

Trend: Slight pullback after testing recent highs, but overall trend remains neutral to bullish.

Moving Averages:

10 MA: Support near $220, showing stability.

50 MA: Slight upward slope, suggesting continued bullish potential.

RSI: Around 53 ā€“ Neutral, indicating a balanced market sentiment.

Bollinger Bands: Price is hovering near the middle band, suggesting possible continuation.

MACD: Flat but still positive, indicating ongoing consolidation rather than strong momentum.

šŸŽÆ Trade Strategy

Entry Point: Look to buy near $220ā€“$221 as price consolidates.

Targets:

1. šŸŽÆ $225 ā€“ Minor resistance, short-term profit target.

2. šŸŽÆ $228 ā€“ Key resistance zone, consider partial profit-taking here.

3. šŸŽÆ $230 ā€“ Extended target if bullish momentum accelerates.

Stop Loss: Set at $218 to minimize downside risk.

āš” Pro Tip:

Watch for volume confirmation around $225 to confirm the strength of a breakout.

If the price breaks above $228 with strong volume, expect further upside.

Happy trading! šŸš€

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