For those who probably do not have a clear view of #BNXUSDT $BNX a critical breakout point is located at the lowest daily closing price (PDL) at exactly $0.2484.

If the asset recovers for the previous point, it will undo long positions 📈, due to the false breakout and will take the price to the maximum daily closing point (PDH) at $0.2845 and with an approximate valuation of 15.32%.

For the bear side 📉, we advise waiting for the break of the lowest daily closing point (PDL), keeping in mind the confirmation of the bearish trend and taking profits starting from $0.2419 and up to the balance point located between $0.2419 and $0.2367.

Above the mentioned PDL, it is not advisable to open short positions because there may be a tendency to reach false breakout points and invalidate the correct direction of the trend. On the contrary side, that is, the bulls, it is always good to evaluate rebound criteria.