Trade Signal: $BNX USDT (1H)
Action: BUY (Long)
- Entry: 1.2300
- Stop Loss: 1.1900
- Take Profit 1: 1.2800
- Take Profit 2: 1.3300
Leverage: 3x (max)
Risk: 1% of capital
Rationale:
- Breakout from a descending channel
- Strong bullish momentum with increasing volume
- RSI showing strong buying pressure
Key Levels:
- Support: 1.1900, 1.1590
- Resistance: 1.2800, 1.3300, 1.4490
Management:
- Exit half position at TP1
- Move SL to breakeven after TP1 hit
- Trail stop loss on remaining position
Note: High-risk trade. Use strict risk management. Market conditions can change rapidly.
