๐Ÿš€ $BNX /USDT - Explosive Breakout! ๐Ÿ”ฅ



$BNX has been on a strong uptrend, confirming multiple Break of Structures (BOS) and filling bullish Fair Value Gaps (FVGs) along the way. The breakout is gaining momentum, showing no signs of slowing down!

๐Ÿ”Ž Market Insights:

Strong BOS confirmations indicate bullish strength.
FVGs acting as demand zones, fueling price continuation.

Multiple failed sell-offs signal strong buyer dominance.

๐Ÿ“ˆ Trade Setup (Long Position)

Entry: 1.400 - 1.450 (Retest of support & FVGs)

Target 1: 1.650

Target 2: 1.750

Stop Loss: 1.316

๐Ÿ“‰ Bearish Scenario:

If BNX loses 1.316 support, it may correct lower towards 1.250 before another leg up.

๐Ÿ’ก Pro Tip:

If price retraces to FVG zones, it's an opportunity to scale in rather than panic sell! Trend remains bullish unless a significant shift in structure occurs..

๐Ÿ”ฅ Are you riding this breakout, or waiting for a pullback?

#BTC #ETH #PI #GateioInto11 #ContentStar
XRP-0,1%
ETH0,86%
PI-1,35%
BTC0,17%
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GateUser-3a8335b0vip
ยท 2025-03-17 07:06
Interesting post, thanks a lot
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