BNX is not for shorting!!!YET..Hi everyone,
BNX made a massive pump of almost 35%..
The coin is still on a uptrend!
Open a short position right now would be harmfull for your portofolio..
Of course is depends of what percentage you are after..
Trade safe!
Bnxsignals
#BNXUSDT is weakening expecting a drop📉 SHORT BYBIT:BNXUSDT.P from $0.6458
🛡 Stop Loss: $0.6800
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BNXUSDT.P is near resistance at $0.6853, showing signs of weakness.
➡️ A pullback is expected after failing to hold above $0.6550.
➡️ Targeting support levels at $0.6060 → $0.5642.
⚡ Plan:
✅ Bearish scenario confirmation – price needs to break $0.6550 and stay below it. If confirmed, the short position remains valid.
✅ Critical resistance level – $0.6853. If the price moves above $0.6800, the trend may shift bullish, invalidating the setup.
✅ Volume analysis shows weakening buying interest, supporting the possibility of a correction.
✅ Profit-taking zones – $0.6060 → $0.5642. If price slows down around $0.6060, a bounce is possible, so partial profit-taking is recommended.
✅ Alternative scenario – if price bounces from $0.6060, a long position with a tight stop could be considered.
📍 Take Profit targets:
🎯 TP1: $0.6060 – testing the nearest support level.
💎 TP2: $0.5642 – deeper correction zone.
🚀 BYBIT:BNXUSDT.P is weakening — expecting a drop to $0.5642!
📢 A break below $0.6550 confirms the bearish scenario.
📢 Holding below this level strengthens the case for further decline.
📢 If price surges above $0.6800, the setup is invalidated.
#BNX (SPOT) IN (.46- .56) T. (1.47) SL(0.4574)BINANCE:BNXUSDT
( GAMING)
Entry (.46- .56)
SL 1D close below 0.4574
T1 .67
T2 .95
T3 1.09
T4 1.30
T5 1.47
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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