๐Ÿ“Š $BNX / USDT Key Level and Next Move! ๐Ÿ“Š

๐Ÿ’ฐ Current Price: $0.4375 (+2.05%)

24H High: $0.443824H Low: $0.428524H Volume ( $BNX ): 3.88M24H Volume (USDT): $1.70M

Performance Overview

Todayโ€™s Change: -0.57%, indicating a slight decline despite the 24-hour gains.Weekly Performance: +5.19%, reflecting a positive short-term trend.Monthly Trend: -40.46%, showing significant selling pressure in the past 30 days.Long-Term Trends:90 Days: -41.56% (downward trajectory).180 Days: -60.17% (major bearish movement).1 Year: +48.62% (strong recovery in the long-term perspective).

Technical Analysis

1๏ธโƒฃ Trend Movement:
The 15-minute chart highlights a period of consolidation after testing both support and resistance levels within the day.

2๏ธโƒฃ Support Levels:

Immediate support is at $0.4285, the 24H low.

3๏ธโƒฃ Resistance Levels:

Resistance is at $0.4438, the 24H high.

4๏ธโƒฃ Candlestick Patterns:

The chart displays indecision in the short term, with alternating green and red candles near the $0.4370 zone.

๐Ÿ’ก Trading Insights:

Short-Term Outlook: A breakout above $0.4400 could signal bullish momentum toward the $0.4438 resistance.Key Levels to Watch:Support: $0.4285Resistance: $0.4438Market Sentiment: Cautious optimism, with traders closely monitoring the $0.4400 level for a potential move.

๐Ÿš€ Will BNX/USDT find strength to climb higher, or is further consolidation on the horizon? Let us know your thoughts!

#Binance #BNX #CryptoTrading