$BNB Swing Trading Strategy
1) Buy (Long Entry):
Enter if the price drops to $546-$550 and RSI falls below 30 (oversold).
Possible Targets:
First Target: $570
Second Target: $580
Stop Loss (SL): $540 (5-6 dollars below support).
2) Sell/Short (Entry):
Enter if the price reaches $570-$580 resistance but fails to break through.
Possible Targets:
First Target: $560
Second Target: $550
Stop Loss (SL): $585 (above resistance).
Summary:
Avoid jumping into a trade too early—wait for confirmation.
Buy near $546-$550 if both price and RSI signal a bounce.
Sell/Short near $570-$580 if the price faces rejection.
