Market analysis

One of those coins with a positive tendency ❗️

• Yello, ladies and gentlemen👋😎!

💎BNX has been able to defend strong support at $93, after which a new higher high has been printed. Is this a strong bullish sign or we are about to see a downtrend?

💎Based on the price action, the uptrend remains valid as long as the recent lower low at 104.70 is respected. On the chart, we can see the critical demand level at 115.83, where the most trading volume has occurred during the past two months.

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Crypto trading involves substantial risk and is not suitable for everyone. Nothing here is financial advice; it is education only. Never risk more than you can afford to lose.