$BNC is showing strong momentum after breaking above the key $5.80–$6.00 resistance zone and successfully holding the retest.
The move from the earlier $5.00 area has already played out well, with $6.23 reached. If bullish momentum continues, the next areas to watch are $6.35, $6.50, and $6.80.
For the current structure, $5.70 remains an important level to monitor. A sustained move above the previous resistance could keep the bullish structure intact, while losing key support would require caution.
The move from the earlier $5.00 area has already played out well, with $6.23 reached. If bullish momentum continues, the next areas to watch are $6.35, $6.50, and $6.80.
For the current structure, $5.70 remains an important level to monitor. A sustained move above the previous resistance could keep the bullish structure intact, while losing key support would require caution.
