$BNX is now show Upward trend after a long drop.

Based on the technical analysis of $BNX /USDT on Binance, the current price is approximately $0.9961, reflecting a decrease of about 15.76% over the last 24 hours. The 24-hour high was at $1.2900, and the low was $0.9852, with trading volumes of 19.50 million BNX and 22.14 million USDT.

Short-term charts (15m, 1h, 4h) show mixed signals with some volatility, while the daily chart suggests a potential support level around $0.9852. For traders aiming to go long, a buy entry above $1.2900 could target higher resistance levels.

Conversely, for short positions, consider selling near the current price or below $0.9852 if the price continues to weaken. Effective risk management, including the use of stop-loss orders, is advisable to mitigate potential losses in this volatile market environment.

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