$BNB /USDT price is dumping after making a high of 701.73 and is currently retesting a local support zone.
Coin: $BNB
Momentum: Dumping / In support zone
$BNB has taken a pretty good correction and is currently trying to hold at the major support zone of $665. There is a good chance of rebounding from here, but entries cannot be taken without proper risk management. Strict stops must be used.
Trading setup: Long🚀
Entry: $660 - $665
TP1: $690
TP2: $715
Stop Loss: $645
The market is volatile, so you have to manage your own risk.
#Binance @Binance BiBi @Binance Square Official @Binance Academy
Coin: $BNB
Momentum: Dumping / In support zone
$BNB has taken a pretty good correction and is currently trying to hold at the major support zone of $665. There is a good chance of rebounding from here, but entries cannot be taken without proper risk management. Strict stops must be used.
Trading setup: Long🚀
Entry: $660 - $665
TP1: $690
TP2: $715
Stop Loss: $645
The market is volatile, so you have to manage your own risk.
#Binance @Binance BiBi @Binance Square Official @Binance Academy