#BNXUSDT - Expecting price decline📉 SHORT BYBIT:BNXUSDT.P from $0.4377
🛡 Stop Loss: $0.4502
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BNXUSDT.P experienced a sharp pump, but after reaching $0.4735, signs of buyer exhaustion appeared.
➡️ The $0.4377 level now acts as a key resistance area. If the price fails to hold above it, a downward move is expected.
➡️ POC at $0.3045 confirms a high-liquidity zone, which could serve as a deeper retracement target.
➡️ High volume on recent candles suggests profit-taking by buyers, increasing the probability of a decline.
⚡ Plan:
➡️ Enter SHORT from $0.4377 if the price confirms rejection at resistance.
➡️ Risk management through Stop-Loss at $0.4502, above key selling pressure.
🎯 TP Targets:
💎 TP1: $0.3941 — first profit-taking level.
🔥 TP2: $0.3600 — next major support zone.
🚀 BYBIT:BNXUSDT.P Expecting a reversal and price decline!
📢 After a sharp price surge, BYBIT:BNXUSDT.P is showing weakness around $0.4377. It’s crucial to monitor this level for potential rejection.
📢 If the price breaks below $0.3941, further downside movement is likely, targeting $0.3600. However, if the price climbs above $0.4502, the short scenario could be invalidated.
Bnxshort
#BNX/USDT Ready to go higher#BNX
The price is moving in a descending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.4580
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.6550
First target 0.7600
Second target 0.8776
Third target 1.03
Short position on BNXUSDT 49Min/ Trading setupBINANCE:BNXUSDT
BITGET:BNXUSDT
Mid-risk status: 4x-5x Leverage
Low-risk status: 2x-3x Leverage
⚡️TP:
1.3436
1.3333
1.3183
1.3050
1.2930
1.2820
1.2760
1.2580
1.25(In Optimistic Scenario)
➡️SL:
1.4235
1.4589
The Alternate scenario:
If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
BinaryX bnx /usdt price analysis Bnx support 0.70 -0 .60 ?
target up to 2 usd ?
BinaryX price today is $0.790184 USD with a 24-hour trading volume of $34,224,433 USD. We update our BNX to USD price in real-time. BinaryX is down 10.13% in the last 24 hours.
BNX Technical Analysis 4 HOUR CHART! LOCAL TOP ?? FIB LVLS Could this be a local top for BNX??? OR to the MOOON it goes!?
Let me know what you guys think of this token right now! It's going crazy!
Here are some key fib lvls that IF BNX has found a top.. we could look out for these incoming lvls of SUPPORT
LETS GET THIS CRYPTO!!!!
BINANCE:BNXUSDT