The $BNX continues to move within the range of its trendlines of support and resistance.

The resistance trendline preventing the price from breaking out is located between 1.40 and 1.64, while the support trendline holding the price is between 0.83 and 1.25. in the event that the trendline of support is broken. A potential shift from a straightforward correction to a brief drop is visible.

These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.

Stay wise, trade cautiously.

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