🚀 BNX/USDT Technical Analysis: 💹 Buying, Selling, and Stop Loss Targets 🎯

$BNX

Current Price: $0.5750 (-2.84%)

Market Highlights:

24h High: $0.5960

24h Low: $0.5624

24h Volume (BNX): 9.40M

24h Volume (USDT): 5.43M

Trading Insights:

1. Immediate Resistance: $0.5900

2. Immediate Support: $0.5700

3. Key Stop Loss Level: $0.5600

Recommended Strategy:

Buying Zone: $0.5700–$0.5800

Selling Targets: $0.5900, $0.5950, $0.6000

Stop Loss: $0.5600

Market Analysis:

BNX/USDT has faced some downward pressure but is currently holding near the support zone. Traders may look to enter between $0.5700 and $0.5800, aiming for gradual profits at $0.5900, $0.5950, and $0.6000. A stop loss at $0.5600 ensures risk management if the price breaks below support. Keep an eye on volume for further confirmation of a potential price reversal.

#MarketBuyOrHold? #MarketInTheGreen