$BNB - Trading Setup 🚀

$BNB shows strong momentum, and importantly, the price has not collapsed after the push. Instead, it has pulled back in a controlled manner and is now holding above the support zone of 890-895, which has turned from resistance to demand 💪.

_Technical Fundamentals_:

- _Momentum_: Strong movement indicating buyer strength 💥.

- _Controlled Pullback_: The controlled pullback indicates that buyers are still in control 📊.

- _Support Zone_: The 890-895 area acts as strong support after turning from resistance 🔄.

_Trading Setup_:

- _Entry Point_: 890 – 896 📍

- _Stop Loss_: 884 ⚠️

- _Profit Taking Goals_:

- _Target 1_: 915 🚀

- _Target 2_: 925 📈

- _Target 3_: 939 💥

_About the BNB Project_:

- BNB is a fundamental digital currency created by the Binance platform, one of the largest cryptocurrency trading platforms in the world 💰.

- BNB is used to pay trading fees on the Binance platform, offer discounts on trading fees, and participate in new cryptocurrency offerings (IEO) on the platform 🚀.

- The BNB project aims to enhance Binance's business model and provide added value to users by offering a wide range of digital financial services 📈.

_Trading Tips_:

- _Discipline_: Trading should be done with self-control and adherence to the setup 📝.

- _Risk Management_: A stop loss should be placed to protect capital ⚠️.

- _Holding Above Support_: Support should be maintained to enhance the chances of success 🔮.