Long
Price: 570
(Enter on entry price)
BNB has already broken out above its trendline resistance, which indicates that it could experience another pump—likely after a retest. It’s advisable to wait for the retest before entering any trades, rather than jumping in too early.
Additionally, there’s considerable downside liquidity in BNB. This means that the price might sweep through these levels, further supporting the idea of waiting for a retest before opening a position. If you’re considering shorting, please note that this is purely my personal opinion, and I recommend doing your own research.
Overall, the market appears set for a retest, so hold off on your trade until that confirmation to avoid being trapped in an unfavorable position.
10x leverage isolated
Sl: 550
Target:
600
610
630
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