Todayโs market on Binance is experiencing a clear consolidation phase, where prices are moving within a defined range instead of showing strong bullish or bearish momentum. Traders often refer to this condition as the โbest squareโ, a balanced zone where buying and selling pressure remain nearly equal โ๏ธ.
In such market conditions, traders focus primarily on key support and resistance levels. Buying near support and selling near resistance can help improve risk management and trade accuracy ๐ฏ. However, any confirmed breakout from this square rangeโespecially with strong volumeโcan lead to significant price movement ๐๐.
Overall, todayโs Binance market favors a cautious and disciplined trading approach. Patience, proper stop-loss placement ๐ก๏ธ, and well-planned entries are essential for managing risk and identifying profitable opportunities within the range.
#Binance #MarketCorrection #MarketSentimentToday 
