#BNTUSDT (Watchlist) 2-2024

#BNT has maintained levels above $0.65 for approximately 90 days, forming an accumulation range between $0.65 and $0.85. A breakout from this range could trigger an uptrend for BNT, potentially reaching $1-1.5. Monitoring its performance is crucial, with a key level to watch being $0.65, as a breach below may signal panic selling.

BNTUSDT is the trading pair for Bancor Network Token (BNT) and Tether (USDT) stablecoin on cryptocurrency exchanges.
BNT is the native token of the Bancor protocol, a decentralized automated market maker (AMM) for tokens within the Ethereum ecosystem.

Consider for Watchlist:
When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges.

PS:
We avoid trading coins associated with gambling, prostitution, human trafficking, etc.

Note:
This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks.

Best wishes to all,
we ask Allah reconcile and repay. 🙏

Comment:

eyes on BNT
we ask Allah reconcile and repay. 🙏