đź’Ž BNT has garnered significant attention in the market, notably after successfully reclaiming and breaking out of the resistance area. However, before continuing its upward momentum, BNT is likely to undergo a retesting phase around the $0.85 support level.
đź’Ž There is a high probability that following this retest, we may witness a substantial upward movement, with the next target being the resistance area.
đź’Ž However, if BNT fails to bounce off the support level during the retest, it could signal a concerning development. This failure may indicate that the support has been compromised, potentially leading to a retest of the demand area.
đź’Ž If BNT fails to elicit a positive response from the demand area, such as a lack of bounce, it could pave the way for a breakdown below the demand level, resulting in further downward movement.
đź’Ž There is a high probability that following this retest, we may witness a substantial upward movement, with the next target being the resistance area.
đź’Ž However, if BNT fails to bounce off the support level during the retest, it could signal a concerning development. This failure may indicate that the support has been compromised, potentially leading to a retest of the demand area.
đź’Ž If BNT fails to elicit a positive response from the demand area, such as a lack of bounce, it could pave the way for a breakdown below the demand level, resulting in further downward movement.
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Want to trade like a PRO without the 15+ year learning curve?
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.