๐ Easy Binance Trading Analysis
1. Trend Check ๐๐
If the price is moving higher with higher highs โ itโs an uptrend (good for buying).
If the price is falling with lower lows โ itโs a downtrend (good for selling).
2. Support & Resistance ๐ง
Support = price level where buyers step in (a floor).
Resistance = price level where sellers step in (a roof).
Buy near support, sell near resistance.
3. Volume ๐
High volume = strong move.
Low volume = weak move.
Always trade with strong volume.
4. Indicators ๐
RSI (Relative Strength Index): Above 70 = overbought (sell zone), below 30 = oversold (buy zone).
MACD: Shows momentum & trend direction (when lines cross, trend change happens).
5. Risk Management ๐ก๏ธ
Never risk all your money in one trade.
Use stop-loss to protect your capital.
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