As SEC investigates Binance,the market continues the bear market, but in a good way( There is NO bad way for a day trader).
Well, so far the market fell down and seen a reversal and fell again, that whole line screams MTR but there is always a bear argue in any situation.Let's say SEC finds something then what??
For now, we have the support level of 290$ and 280$ below and resistance level of 295$ & 300$ above and we don't have a good signal bar for today but you may see better bars in lower time frames like 4 Hours, just be care full and take care.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
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