$BNSOL
/USDT Steady Dip Moves šÆ Ready For Next Alert šÆ š„
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.
šÆ Trade Strategy
Entry Point: Look to buy near $220ā$221 as price consolidates.
Targets:
1. šÆ $225 ā Minor resistance, short-term profit target.
2. šÆ $228 ā Key resistance zone, consider partial profit-taking here.
3. šÆ $230 ā Extended target if bullish momentum accelerates.
Stop Loss: Set at $218 to minimize downside risk.
ā” 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! š
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