In our last update, we pointed out how BNC was holding its ground at the $12–$15 support zone. Now, we’re seeing that shift in momentum play out in real time; with the bears losing steam and the bulls taking over.
📊 Technical Update
The chart shows it clearly:
- In the bearish phase, every downward impulse got weaker — from big and steep to small and flat. Selling pressure was fading.
- Bulls stepped in at the $15 demand zone, flipping the structure bullish.
- Since then, we’ve seen a big and flat bullish impulse, hinting at healthy accumulation before the next leg.
🔎If momentum holds:
- First target: $50 => a structural resistance and psychological barrier.
- Second target: $82 => the top of the projected markup, filling a major price gap.
As long as $23 holds, and especially $15, the bullish case remains strong.
💡 Bigger Picture
This isn’t just a chart story — it’s backed by fundamentals. BNC is the first U.S.-listed company making BNB its core treasury asset, giving investors rare one-click exposure to a coin most can’t buy directly.
With over $500M already in BNB and a clear first-mover advantage, the mix of a strong macro narrative and a clear bullish shift makes this a setup worth watching closely.
📌 Previous BNC analysis is attached for context.
➡️ As always, speak with your financial advisor and do your own research before making any investment decisions.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All Strategies Are Good, If Managed Properly.
~ Richard Nasr
📊 Technical Update
The chart shows it clearly:
- In the bearish phase, every downward impulse got weaker — from big and steep to small and flat. Selling pressure was fading.
- Bulls stepped in at the $15 demand zone, flipping the structure bullish.
- Since then, we’ve seen a big and flat bullish impulse, hinting at healthy accumulation before the next leg.
🔎If momentum holds:
- First target: $50 => a structural resistance and psychological barrier.
- Second target: $82 => the top of the projected markup, filling a major price gap.
As long as $23 holds, and especially $15, the bullish case remains strong.
💡 Bigger Picture
This isn’t just a chart story — it’s backed by fundamentals. BNC is the first U.S.-listed company making BNB its core treasury asset, giving investors rare one-click exposure to a coin most can’t buy directly.
With over $500M already in BNB and a clear first-mover advantage, the mix of a strong macro narrative and a clear bullish shift makes this a setup worth watching closely.
📌 Previous BNC analysis is attached for context.
➡️ As always, speak with your financial advisor and do your own research before making any investment decisions.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All Strategies Are Good, If Managed Properly.
~ Richard Nasr
Trade active
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.