STAY STRONG and Calm.... DROPPING QUICKLY ‼️ IT'LL DROP FURTHER $BNX /USDT – Sharp Drop, Rebound or Further Downside❓$BNX has dropped significantly, down nearly 15% in the last 24 hours. The price saw a high of $1.0271 but failed to sustain momentum, pulling back to the $0.8700 zone.
Key Levels to Watch
Resistance: $0.9000 – A break above this could trigger a recovery to $0.9500 and $1.0000
Support: $0.8500 – Losing this level may push BNX toward $0.8300 or lower
Trade Setup
Long Entry: Above $0.9000
Targets: $0.9500, $1.0000, $1.0500
Stop Loss: $0.8600
Short Entry: Below $0.8500
Targets: $0.8300, $0.8000, $0.7800
Stop Loss: $0.8800
Market Insight: Volume remains strong, but momentum is favoring sellers. If BNX holds above $0.8700, a relief bounce is possible. However, a failure to reclaim resistance may extend losses.
Key Levels to Watch
Resistance: $0.9000 – A break above this could trigger a recovery to $0.9500 and $1.0000
Support: $0.8500 – Losing this level may push BNX toward $0.8300 or lower
Trade Setup
Long Entry: Above $0.9000
Targets: $0.9500, $1.0000, $1.0500
Stop Loss: $0.8600
Short Entry: Below $0.8500
Targets: $0.8300, $0.8000, $0.7800
Stop Loss: $0.8800
Market Insight: Volume remains strong, but momentum is favoring sellers. If BNX holds above $0.8700, a relief bounce is possible. However, a failure to reclaim resistance may extend losses.