【$BNX Signal】Short squeeze pullback, 1H level secondary surge

$BNX 1H level price tightly hugging the upper Bollinger band, 4H MACD histogram continues to expand, buying depth imbalance -10.12%, bearish pressure clearly passive.

Price repeatedly tests around 0.249, the 4H level has broken above the upper band resistance, but 1H RSI reaches 70.76, short-term chasing risk accumulates.

🎯Direction: Pullback to buy

⚡Entry/Order: 0.17655 - 0.24818 zone lower boundary setup

🛑Stop loss: 0.13025

🚀Target 1: 0.26917

🚀Target 2: 0.31547

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.

Funding rate is slightly negative, open interest remains stable. Under this structure, the price itself is strong. The 1-hour EMA20 at 0.2168 forms a dynamic support, combined with the 4H Bollinger middle band at 0.1698 to form a pullback buffer zone. The current risk-reward ratio is close to 1:5, with enough odds to cover the high volatility risk of Hot Coin. The order book has sparse sell orders, any small pullback may be quickly bought back.

Check real-time market 👇 $BNX
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