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🚀 $BNX /USDT - Explosive Breakout! 🔥
$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!
🔎 Market Insights:
Strong BOS confirmations indicate bullish strength.
FVGs acting as demand zones, fueling price continuation.
Multiple failed sell-offs signal strong buyer dominance.
📈 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
📉 Bearish Scenario:
If BNX loses 1.316 support, it may correct lower towards 1.250 before another leg up.
💡 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..
🔥 Are you riding this breakout, or waiting for a pullback?
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