📊 Update Position of BNB: Patience is Key Amid Volatility!
Hello Binance Square residents! 👋
Quick update on my BNB position. Currently, I am holding with an Avg. Cost of $862.8. Although the current market price is around $854.9, my cumulative portfolio is still holding positive at +2.00%.
Why am I still optimistic?
Technical Rebound: As per the previous 4H chart analysis, the level of $831 has proven to be a very solid support.
DCA Strategy: The current price is actually an interesting accumulation zone if you plan for the medium term.
Momentum: Historically, $BNB has often been the first to recover when the market starts to stabilize.
My Next Plan:
I am sticking to the TP target in the area of $880 - $905 and maintaining a tight Stop Loss at $825 to protect my capital. Trading is not about winning all the time, but about managing risk when the market is uncertain.
How is your portfolio doing today? Still green or starting to accumulate below? Share in the comments! 👇
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