The current price of BNB is around 590, with a target of 550-540.
Market fluctuations are a normality; price changes after breaking levels are quite common. Sometimes, after a breakout, there may be a lot of bottom-fishing activities that cause the price to rise again, creating a false sense of a 'fake breakout.' However, this is not market deception but a true reflection of market behavior. Therefore, we should not get entangled in the authenticity of the breakout but rather focus on how to respond to market changes.
Stop-loss is an important strategy in trading. It helps us exit the market promptly when the market trend is unfavorable, avoiding greater losses. Coming back to trade after a stop-loss is a wisdom and courage every trader should possess. No one can be right all the time, and the market will always have unexpected moments. The key is whether we can remain calm after a stop-loss, re-analyze the market, and look for new trading opportunities. #白宫首届加密货币峰会 $BNB