Long

Lingrid | BNBUSDT LONG afre fake Trendline BREAKOUT

remains in a consolidation phase, as evident from the daily timeframe. The price has been oscillating between 515 and 615 levels, testing the upward trendline that emerged after the recent range breakout. Following the price's rebound after respecting the upper boundary of the downward channel, we've seen a significant daily bearish candle indicating a sell-off. I believe that the market may break through the trendline and move down towards the bottom of the giant consolidation zone. If the market shows a false breakout of the support level, we can look for buying opportunities. My goal is the resistance zone at 597

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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