š $BNX USDT ā Strong Recovery and Breakout Potential! š„š
$BNX USDT has been climbing steadily, now testing a critical resistance zone near $1.09. After a deep pullback, buyers have regained control, pushing the price higher with strong momentum.
š Support Zone: The $0.92 - $0.96 range acted as a strong accumulation zone, fueling this uptrend.
š Resistance Zone: The key resistance at $1.10 is the next hurdle. A breakout here could open doors for a bigger move.
šÆ Trading Plan:
ā Entry: A confirmed breakout above $1.10 signals a bullish continuation.
ā Take Profit (TP): Targeting $1.15 - $1.20 in case of a breakout.
ā Stop Loss (SL): Below $1.05 to manage risk effectively.
š” Why This Trade is Exciting?
āļø Trend Reversal Confirmed ā The market structure has flipped bullish.
āļø Momentum Increasing ā Higher lows indicate strong buying pressure.
āļø Potential for Breakout ā If bulls break $1.10, expect fireworks!
š„ Will $BNXUSDT smash through resistance and rally higher? Keep an eye on this setup! ššš°
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