📈 #BNX has been showing strong bullish momentum after a major pump, but now it's forming a Rising Wedge pattern on the 2H chart. This pattern is typically bearish, signaling a possible pullback or breakdown if support is lost.



📊 Key Levels to Watch:
🔹 Resistance: $1.05 - $1.10
🔹 Support: $0.98 - $1.00 (Wedge bottom)
🔹 Breakdown Target: $0.90 if the pattern plays out

💡 If BNX can break above resistance, it might invalidate the bearish setup and continue its bullish trend. However, traders should stay cautious, as wedge breakdowns often lead to sharp corrections.
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@……vip
· 2025-03-10 13:40
Why is there no drop index?
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