The price has already tested the lower boundary near $0.13 and rebounded sharply, suggesting potential exhaustion of selling pressure.

If price continues to hold above this zone, a breakout above the wedge resistance and $0.1720 could trigger a strong rally toward $0.2354, followed by $0.4604 as the next major target.

The falling wedge breakout could confirm a trend reversal, with long-term potential extending toward $0.92 once momentum builds above the mid-range structure.

After facing rejection from the upper trendline, price is retracing toward the mid-range zone around $0.60–$0.45, which also aligns with a historical demand area.

If BNT maintains support above $0.45, it could start building a higher low and prepare for a breakout attempt above $0.73–$0.79.
A confirmed breakout from the wedge would likely trigger an extended rally toward $1.06, with a macro upside target around $1.93 in the coming months.

The wedge pattern suggests that accumulation within this range may precede a strong breakout phase once broader market sentiment turns bullish.👀

The current price is resting near the ascending trendline support around $0.057–$0.058, showing signs of accumulation.

A confirmed breakout above the descending resistance near $0.11–$0.12 could trigger a strong upside move, initially targeting $0.18–$0.20, with an extended target toward $0.34 if momentum sustains.

As long as BAN holds above $0.044, the wedge formation remains valid, signaling a potential bullish reversal on breakout confirmation.