🚀 $BNB USDT at a critical crossroads!
Strong momentum has driven the price from 820 to 900 with a significant increase in trading volume. Now, the decision is yours!
🔍 What should we follow?
- A clear break above 900 = a chance for continued upward movement towards 920 and then 940.
- Price rejection at 900 = a possible pullback to test support at 870. A break above 870 could send the price back to 820.
⚙️ Trading Setup:
• Buy Entry: 1-hour candle close above 900.
• Targets: 920 and 940.
• Stop Loss: Below 885.
• Potential Pullback: Support at 870 with a stop loss below 860.
• Short Pullback: If 900 is rejected, target 870 and stop loss above 910.
⚠️ Tip: After a strong uptrend, it's best to wait for confirmation and consolidation before entering, and reduce position sizes to protect against volatility.
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