BNX price movement projection / (Pay attention to the details)BINANCE:BNXUSDT
GATEIO:BNXUSDT
Hello Traders
Until end of this week, BNX can give us two possible good positions in two sides.
Short movement:
Price needs to retest lower supports to gain the stability for an upward pullback to near 1.65.
So with a SL near the nearest important resistance in 1.4968, you can open a short position with a near target of 1.28-1.18
and a far optimistic target near 1.05
Long movement:
After price stabilized and gain volume between 1.1618 - 1.3474, only if nothing outside the box (Like start of a war😟 or anything else)happens to the market, BNX can retest resistance near 1.48-1.5 and after that start a movement to near 1.65 level.
The timing for the positions on the chart are not precise.
Pay attention to VRVP closely.
