$BNX

/USDT Technical Analysis 🔍 | Target Levels

The BNX/USDT trading pair has shown a solid upward momentum over the past 24 hours, currently sitting at $0.6435, with a 3.27% increase. Let’s break down the technicals and key levels to watch for potential opportunities in the coming hours.

📊 Key Levels to Watch:

1. Support Zone: $0.6062

If BNX/USDT revisits this level, we could see a bounce back towards the upside. It's a solid entry point for those looking to buy on dips.

2. First Target: $0.6500

A breakout above this resistance could signal further bullish momentum, pushing the price higher. Keep an eye on this level for potential confirmation of strength.

3. Second Target: $0.6700

This zone is a critical resistance level. A successful break above this could trigger a strong uptrend, with the potential to extend gains towards the $0.7000 mark.

📈 Trend Analysis:

Looking at the 1-hour chart, BNX/USDT has been maintaining a steady uptrend, staying above key support levels. The next few hours will be crucial as price action tests these resistance zones. If the bulls continue to hold the momentum, targets 2 and 3 could be within reach.

Stay tuned for further updates on market movements! 🚀

#Binance #BNXUSDT #CryptoTrading #TechnicalAnalysis #CryptoTargets