$BNSOL $BNSOL The $BNSOL /USDT chart currently presents a somewhat neutral to slightly bullish outlook. The price has recently formed a bearish divergence with the RSI indicator, suggesting potential downward pressure. However, the price is still trading above the 20-day and 50-day moving averages, indicating underlying bullish sentiment.

Support and Resistance:

Resistance:

Immediate Resistance: $178.6

Strong Resistance: $185.0

Support:

Immediate Support: $164.0

Strong Support: $162.9 (Bollinger Band Lower Band)

Entry Signals:

Bullish:

A decisive break above the $178.6 resistance level with increased trading volume could signal a bullish trend resumption.

A bullish crossover of the 50-day MA above the 200-day MA could also confirm a bullish trend.

Bearish:

A break below the $164.0 support level could trigger a downward move.

A bearish divergence between price and RSI could intensify downward pressure.

Strategy:

Conservative: Wait for a clear break above $178.6 or below $164.0 to confirm the direction.

Moderate: Consider a partial profit-taking at the $178.6 resistance level and a stop-loss below $164.0.#TetherAEDLaunch #USEquitiesRebound #CryptoAMA #29thBNBBurn #Write2Earn!