BNB/USDT : Broke below the support zone!
BNBUSDTHello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
BNB has broken below the demand zone and now it's retesting the broken zone. The mentioned zone has held the price above $300 for more than 280 days and it's finally got broken!
Not so sure about the market's current bias; But I'm going to locate my Short based on PA we have here.
But there're a few factors that we need to look for :
- The Stop-loss should be managed by active management, Because we had the stop-hunt above the last master candle earlier.
- Entry should be located into the broken support zone.
- Don't use High leverage.
- Don't engage more than 3% of your portfolio.
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Have a good day!
Helical_Trades
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