I recently completed a trade on Binance using the BNB/USDT trading pair. I observed that BNB had broken through a significant resistance level, signaling a potential upward trend. Based on this, I decided to enter the trade at $570. To manage my risk, I set a stop-loss at $550 and aimed for a target price of $600. The market moved steadily, and I exited the position with a healthy profit. My trading strategy mostly relies on simple technical tools like the RSI and MACD indicators. While I’m still gaining experience, documenting and sharing my trades allows me to reflect on my decisions and improve over time. Binance's user-friendly interface and real-time data make it much easier to monitor trades and adjust strategies when needed.
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