$BNX /USDT Trade Setup đš
Exciting opportunity unfolding for $BNX on Binance! The chart is showing a clear upward channel with the price currently sitting at $0.8165 (+7.75%). This bullish movement is ripe for a strategic entry. Letâs break it down:
đĄ Key Levels:
Resistance: $0.8590 â If the price breaks this level, we could see another strong rally!
Support: $0.8000 â A solid foundation, protecting the downside.
đ Trade Strategy:
Long Entry: Look to enter above $0.8500 once the price breaks resistance. Targets set at $0.8700 and $0.8900.
Short Entry: If the price breaks below $0.8000, it could indicate a bearish reversal. Targets for shorts around $0.7800 and $0.7600.
đ Stop Loss:
Long: Place your stop loss at $0.8000 to protect against sudden drops.
Short: Set your stop loss at $0.8500 to prevent losses in case of a reversal.
⥠Momentum is building! BNX is bouncing between key levels, and it's setting up for a potentially explosive move. Stay sharp, and act on the breakouts! This is a great moment for traders looking to capitalize on the market momentum.
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