Why I Bought BNB/FDUSD at 662 & Why FDUSD is a Smart Choice
Yesterday, I bought BNB at 662 on the BNB/FDUSD pair because it hit a strong support zone, showing high potential for a rebound. Historically, BNB bounces back to 700+, making this an excellent opportunity for an 8-10% profit. Technical indicators, like RSI, confirmed the oversold condition, signaling a low-risk entry. Acting early at this level allowed me to secure my position before any bullish momentum kicked in.
I paired it with FDUSD for a reason—it has 0 maker fees on platforms like Binance. This drastically reduces trading costs, letting me keep more of the profits. As a stablecoin pegged to the US dollar, FDUSD offers reliability and ensures smoother trades, especially in volatile conditions.
Combining a strong entry point with a cost-efficient trading pair maximizes profitability. Timing the market and leveraging FDUSD’s benefits made this trade a no-brainer for me!