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BNT Technical Analysis in Weekly Timeframe

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

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Now, let’s dive into this chart analysis:

BNT/USDT is showing potential for a significant breakout from the current symmetrical triangle pattern. The key support levels are holding strong, and technical indicators are aligning for a bullish movement.

Coupled with strong fundamentals, Bancor is looking for growth in the upcoming months.

- Accumulation Range: $0.5216 to CMP.
- Lower Support: $0.455.
- Initial Target: $1.48.
- Mid-term & Long-term Targets: $5 to $10 (8x to 16x).

DYOR, NFA.

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