BNT/USDT – Advanced Technical Analysis (1H)
Price: $0.2826
The market is attempting a recovery after a liquidity sweep at $0.2762. This move suggests short-term accumulation, but price is still trading below the Supertrend (10,3), which keeps the overall intraday bias slightly bearish.
Market Structure:
• Lower highs are still present on the 1H timeframe
• Current bounce indicates a possible relief rally
• Bulls need a strong close above the Supertrend level to shift momentum
Key Levels:
• Major Resistance: $0.2860 – $0.2875 (Supertrend + supply zone)
• Breakout Confirmation: Above $0.2905 (24H high)
• Support Zone: $0.2790 – $0.2762 (recent demand area)
Liquidity & Order Flow:
• Bid dominance around 73% suggests buyers are stepping in
• Potential short squeeze if price reclaims $0.287+
• If rejected at resistance, another liquidity grab near $0.278 is possible
Scenarios:
Bullish Scenario:
Reclaim and hold above $0.287 → Target $0.2905 → Extension toward $0.295
Bearish Scenario:
Rejection from $0.286–$0.287 zone → Drop toward $0.279 → Possible retest of $0.276
Trading Idea:
• Conservative entry after breakout above $0.287
• Aggressive traders may watch for support bounce around $0.279
• Risk management is essential due to high volatility.
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