Price is now approaching the 0.10 resistance zone, and sustained strength above the breakout area could trigger continuation toward the 0.15 and 0.29 regions. The structure now favors bullish momentum as long as the breakout remains intact.

Price recently broke above the channel resistance and is now consolidating above it, forming a small ascending structure. This is a key transition from bearish control into early bullish momentum.

The current zone around 0.328 – 0.338 is acting as a support flip area after the breakout.

What’s happening:

Downtrend channel is broken
Price holding above previous resistance
Higher lows forming → bullish pressure building

Bullish case:
If BNT holds above this breakout zone, continuation toward 0.39 is likely. A clean push above that level can open the path toward 0.45 – 0.50.

Bearish case:
Losing the 0.32 support would signal a fake breakout and could drag price back into the channel.

Right now, this looks like a classic breakout + retest setup, with momentum slowly building for a move higher.